Binance – InfoStride News

Tinubu, Biden Discuss Security, UN Reform, and Binance Official’s Release in Phone Call

Ifeanyi Nwagboso — Tue, 29 Oct 2024 11:00:05 +0000

President Bola Tinubu on Tuesday held a telephone conversation with U.S. President Joe Biden, during which they discussed several key issues, including the recent release of Tigran Gambaryan, the Head of Financial Crime Compliance at Binance. The Minister of Foreign Affairs, Ambassador Yusuf Tuggar, disclosed the details of the call while briefing State House correspondents [...]

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India slams $2.25 million fine on Binance amid ongoing trial in Nigeria

Temitope Nlewemchi — Thu, 20 Jun 2024 18:49:53 +0000

The world’s largest crypto exchange, Binance, has been hit with a fine of 188.2 million rupees ($2.25 million) by India’s Financial Intelligence Unit (FIU) for violating its money laundering law. This comes amid an ongoing trial of the exchange’s officials in Nigeria for the same charges. Aside from the case of tax evasion filed by [...]

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But What Really Is Nigeria’s Problem?

Abiodun KOMOLAFE — Sun, 31 Mar 2024 13:37:28 +0000

When, in 1814, Europe’s leading statesman, Count Metternich, said that Italy “is only a geographical expression”, the former Deputy of the Kingdom of Italy and the Father of Modern Italy, Giuseppe Garibaldi, didn’t take it as an offence. Instead, the only question on his mind was how to create Italians. Take the recent detention escape [...]

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Spouse seeks US intervention as Binance top executive lingers in FG’s custody

Temitope Nlewemchi — Sat, 30 Mar 2024 11:24:29 +0000

The spouse of a detained senior official at Binance, the cryptocurrency trading platform, has reached out to the U.S. Congressional delegation in Nigeria, requesting their intervention for the release of her husband, Tigran Gambaryan. Yuki Gambaryan, spouse of the detained Tigran Gambaryan, appealed to the visiting US delegation to urge Nigerian authorities for his release, [...]

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International Manhunt for Binance Executive Who Fled Nigeria

Ifeanyi Nwagboso — Mon, 25 Mar 2024 19:30:35 +0000

The Minister of Information and National Orientation, Mohammed Idris, has announced that Nadeem Anjarwalla, a Director of Binance, is being pursued by Interpol after escaping from custody and fleeing Nigeria. Anjarwalla, a key suspect in a criminal investigation related to Binance’s activities in Nigeria, managed to escape lawful detention on Friday, March 22nd, 2024. Idris [...]

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Ex Atiku Aide Mocks Tinubu Over Binance Executive’s Escape

Ifeanyi Nwagboso — Mon, 25 Mar 2024 11:00:24 +0000

Phrank Shaibu, a former aide to the 2023 Peoples Democratic Party (PDP) presidential candidate, Atiku Abubakar, has taunted President Bola Tinubu over the escape of one of the detained Binance executives. Shaibu ridiculed Tinubu, alleging that he has turned Nigeria’s detention centers into amateur magician training grounds, following the escape of Nadeem Anjarwalla, Binance’s Africa [...]

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Uncertainty Grips Nigerian Crypto Investors as Binance Signals Exit

Temitope Nlewemchi — Tue, 12 Mar 2024 16:38:42 +0000

In a development that has sent ripples through the Nigerian crypto community, the prospect of Binance, a leading global cryptocurrency exchange, exiting the Nigerian market has triggered panic among investors. The uncertainty surrounding Binance’s potential departure has raised questions about the future of crypto trading in Nigeria and highlights the challenges faced by the cryptocurrency [...]

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Binance Implements Price Cap Amid Calls for Ban: A Deep Dive into Forex Regulation

Temitope Nlewemchi — Thu, 22 Feb 2024 22:31:08 +0000

The Infosride news brings you an in-depth exploration of the recent developments in the forex market, where Binance, one of the leading cryptocurrency exchanges, has opted for a price cap. Simultaneously, a presidential aide has advocated for potential regulatory measures, including a ban. These events highlight the ongoing debate surrounding the regulation of forex markets, [...]

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Binance’s $60 Billion Helm: Richard Teng Takes Charge as New CEO

Temitope Nlewemchi — Wed, 22 Nov 2023 17:29:57 +0000

Richard Teng has been unveiled as the newly appointed Chief Executive Officer (CEO) of Binance, a trailblazing cryptocurrency company boasting a staggering valuation of $60 billion. This transition of leadership comes in the wake of the unexpected departure of the company’s founder, Changpeng Zhao, amidst legal uncertainties. The official announcement of Richard Teng’s elevation to [...]

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New restrictions for Singapore users – BINANCE

Temitope Nlewemchi — Tue, 28 Sep 2021 18:58:46 +0000

The world’s largest cryptocurrency exchange by volume, Binance, has announced that it will stop its users in Singapore from accessing certain functions on its trading platform. These functions include fiat deposit services, spot trading of cryptocurrencies, the purchase of cryptocurrencies through fiat channels and liquid swap. The statement which was released by Binance read, “As [...]

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Binance US CEO resigns over strategic differences

Abiodun A. — Sun, 08 Aug 2021 20:56:30 +0000

Brian Brooks, the CEO of cryptocurrency exchange Binance US has resigned just three months after taking over the role. Brooks announced the resignation through his Twitter account, where he indicated that strategic differences with the exchange forced him to quit. In the post, Brooks did not state the specific nature of the cited strategic differences. [...]

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