Binance's Global Push: Indian Market Return, Dubai Crypto License, and USDC Move Amid Nigerian Tensions

April 18, 2024
Binance's Global Push: Indian Market Return, Dubai Crypto License, and USDC Move Amid Nigerian Tensions
  • Binance Holdings Ltd. is expanding globally, successfully re-entering the Indian market after a $2 million regulatory settlement.

  • The company has achieved full crypto licensure in Dubai, extending services to a wide range of investors.

  • Binance has bolstered the reliability of its Secure Asset Fund for Users (SAFU) by converting it to the USDC stablecoin.

  • In Nigeria, a Binance compliance officer's detention has prompted White House involvement to address the issue.

  • These developments highlight Binance's dedication to regulatory compliance and transparency during its international growth.

Summary based on 13 sources


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