Binance Users Will Get Updates and Promo Information on New Platform: Details
TL;DR
- The exchange will spread news and educational material on one of the most popular messaging applications.
- Recently, it added new trading pairs and bot options but also delisted several pairs, triggering short-term price retreats.
Making Crypto ‘More Accessible’
Binance launched an official channel on the messaging application WhatsApp. There, users will receive recent news, event announcements, product updates, and educational content about blockchain technology, cryptocurrencies, and Web3. The company said the development is part of its mission to “make crypto more accessible.”
“For your security, please note that this is Binance’s only official channel on WhatsApp. We encourage users to follow only the official Binance channels to avoid unauthorized sources or potential scams. Our Telegram and Discord channels will remain available, providing multiple options for staying connected with Binance,” the firm added.
Richard Teng, the exchange’s CEO, also discussed the latest development. He said the WhatsApp channel will help users “stay informed with trusted news, alerts, and updates directly from us.”
On the other hand, he warned clients to remain vigilant about potential scams, assuring that Binance “will never add you to groups or ask for your account details via messages.”
Other Binance Updates
The company continues to monitor the trading options it offers to users, adding new pairs based on market trends and removing existing ones due to poor liquidity and other reasons.
Earlier this week, it included PNUT/BRL, PNUT/EUR, ACT/BRL, ACT/EUR, CATI/USDC, ETH/EURI, and LUMIA/TRY to Binance Spot. It said users will enjoy zero maker fees for ETH/EURI “until further notice.
In addition, it allowed trading bot services for ADA/USDC, DOGE/USDC, SUI/USDC, and XRP/USDC, plus the pairs mentioned above. The new options are not available to all clients. Those residing in Canada, the USA, Iran, the Netherlands, Syria, and other countries are excluded.
There was a delisting effort, too. Binance removed the spot trading pairs DAR/BTC, IRIS/BTC, RARE/BRL, THETA/ETH, and UTK/BTC on November 22. It will also terminate access to the margin trading pairs C98/BTC, FIS/BTC, IDEX/BTC, MBOX/BTC, REN/BTC, TKO/BTC on November 27.
Most of the impacted cryptocurrencies headed south shortly after the announcement. However, their prices recovered in the following days, coinciding with the massive green wave in the entire digital asset market.
The post Binance Users Will Get Updates and Promo Information on New Platform: Details appeared first on CryptoPotato.
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Binance Adopts USDC as Default Currency to Boost User Experience
Trump’s election win revives push for comprehensive crypto reforms

Following Donald Trump’s election as the new US President, regulators are pushing for crypto market reforms, from establishing regulatory sandboxes to allowing tokenized funds’ shares as collateral in traditional derivatives trading.
During an interview for Fox Business, SEC Commissioner Mark Uyeda said President-elect Donald Trump is right about stopping the war on crypto in the US. He also commented on what could be done to make the country a leader in the global crypto market
According to Uyeda:
“First off, from a regulatory perspective, we can provide proper clarity. Some crypto is not even a security at all, but we need to make it clear whether or not you would fall within SEC jurisdiction or not.”
If a token offering falls under the SEC’s jurisdiction, clear guidelines are necessary so crypto firms can decide the right course of action to comply with the regulator’s rules.
Uyeda also defended the creation of “safe harbors,” which are regulatory sandboxes where crypto companies could experiment with different products, allowing “innovation to occur.”
The SEC Commissioner also argued that regulators must work with Congress and other federal agencies to create a cohesive approach to crypto.
Lastly, considering Gary Gensler will step down as the SEC Chair on Jan. 20, Uyeda was asked if he is interested in filling the role, and he answered that this is a decision for the President.
Tokenized funds as collateral
Uyeda’s call for reform comes amid a wider regulatory shift toward crypto and blockchain technology in finance. The CFTC recently recommended using tokenized funds as collateral.
Bloomberg News reported on Nov. 22 that the Global Markets Advisory Committee of the Commodity Futures Trading Commission (CFTC) approved using tokenized assets, such as money-market fund tokens launched by BlackRock and Franklin Templeton, as collateral for derivatives trading.
The committee’s recommendation, which now awaits review by the CFTC, highlights the potential for distributed ledger technology (DLT) to enhance the efficiency and transparency of collateral management.
The advisory panel’s recommendation provides a framework for registered firms to hold and transfer tokenized non-cash collateral using distributed-ledger technology. The framework ensures compliance with existing margin requirements set by the CFTC, other U.S. regulators, and derivatives clearing organizations.
Although the recommendations are not binding, the CFTC frequently incorporates advisory input into its policymaking due to the committees’ specialized expertise. However, there is no specific timeline for when or whether the CFTC will adopt these recommendations into formal guidance or rulemaking.
The post Trump’s election win revives push for comprehensive crypto reforms appeared first on CryptoSlate.
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