Tom covers crypto companies, regulation and markets from London, focusing through 2022 on the Binance crypto exchange. LONDON, March 7, 2022 /PRNewswire/ -- Binance, the world's leading blockchain ecosystem and cryptocurrency infrastructure provider, has today announced the launch of Bifinity, a payments technology company and its official fiat-to-crypto payments provider. That can allow using a somewhat similar signing process to what we use today with script-based multisig. The basic mechanism is that the authorized spender or spenders for an address generate scriptSigs and witness data (including their signatures) in much the same way they would if they were spending the funds-except instead of signing the spending transaction, they sign their arbitrary message instead (plus some predetermined extra data to ensure they can’t be tricked into signing an actual transaction). The details are a little technical, but the basic concept isn't. As the crypto ecosystem evolves, and as Binance grows with the community, we are continually evaluating our products and working with our partners to meet our users’ needs. As the first digital asset firm with an exchange to be publicly listed in the U.S., EQONEX offers regulatory-focused trading services centred around the EQONEX crypto exchange, institutional-grade digital asset investment solutions, including an asset manager together with the pending launch of exchange-traded products and structured products, and Digivault, an FCA-regulated high-security crypto and digital asset custody solution.<
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Binance USD, the Paxos-issued stablecoin under the brand of the world’s largest crypto exchange by trading volume, fell to $9.5 billion market capitalization on Friday, data from CoinGecko shows. The market cap of Bitcoin, the largest cryptocurrency, reached approximately $559 billion, while the global cryptocurrency market cap was about $1.13 trillion. Binance, the world's largest cryptocurrency exchange, on Monday was slapped with a 3.3 million euro ($3.4 million) fine from the Dutch central bank for operating in the Netherlands without registration. Binance exchange (mouse click the following web page), the world's largest cryptocurrency exchange, said last month it wanted to expand in Russia and neighbouring states. BUSD liquidity on Binance, the stablecoin’s main market, significantly deteriorated last month. The halt pushed bitcoin lower though its losses were marginal, with the cryptocurrency last down about 1% to $28,162, its lowest in nearly a week. In January 2018, the SEC shot down proposals from two exchange-traded funds seeking to offer investors a way to trade in cryptocurrencies on traditional exchanges.

As always, we remain committed to moving the crypto ecosystem forward, and we thank you for your ongoing support for our platform. Moving forward, through Paysafe, Bifinity will look to expand into Latin America where it has a market leading real-time payments offering and is in plans to integrate Paysafe's card processing service in the UK and Europe over the next few months. "Coinbase's decision to delist was likely made as a precaution in anticipation of a future drop in liquidity or operational concerns around redemptions," Clara Medalie, director of research at crypto market research firm Kaiko, told CoinDesk. Advcash, which is headquartered in Belize, told Reuters that users would be able to continue to make instant deposits and withdrawals on Binance via its digital wallets. LONDON/MOSCOW, Feb 28 (Reuters) - Crypto exchange Binance is blocking the accounts of any Russian clients targeted by sanctions, it told Reuters on Monday, but will not freeze the accounts of others after Ukraine called for a block on Russian users at major digital currency platforms. The United States, Britain, Europe and Canada announced new sanctions on Russia on Saturday, including blocking certain lenders' access to the SWIFT international payment system, following Russia's invasion of Ukraine.