Binance, Eosfinex Join EOSDT Stablecoin Governance Board

Binance is trying its hand at decentralized stablecoin governance. The exchange joined the distributed oversight team that approves contracts and code changes on Equilibrium, a DeFi outfit behind the EOSDT stablecoin. EOSDT contracts hold nearly $10 million in collateral according to the Equilibrium website. Announced Friday, Binance now has oversight power over new EOSDT smart […]

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Binance Invests in Regulated Indonesian Crypto Exchange

Binance is making a bet on the potential of the Indonesian crypto market, making an undisclosed investment into the Jakarta-based and regulated exchange, Tokocrypto. Binance, the crypto trading leviathan that doesn’t like to reveal where it’s based, announced Tuesday morning that the funding would go toward growing Tokocrypto’s business, such as building out new offerings […]

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First Mover: U.S. Arms of Binance, FTX Push Into Margin Trading, But Likely Not at 100x

Cryptocurrency exchanges based outside the U.S. are pushing to fill what they see as a competitive gap in the world’s biggest economy – offering more leverage to traders who have limited alternatives due to a strict domestic regulatory environment. Antigua and Barbuda-based cryptocurrency exchange FTX plans to launch its newly established U.S. unit this month. Margin trading, […]

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