Binance, one of the world’s leading cryptocurrency exchanges in the world has recently announced an open blockchain project Venus with the primary aim to help develop localized Stablecoins worldwide.
Binance claims that it is uniquely positioned to launch an initiative given it has an existing public chain technology, Binance Chain, a huge user base as well as established government connections for compliance issues.
The exchange has expressed its willingness to work with governments, corporations, technology firms, and other cryptocurrency and blockchain projects to develop a new currency ecosystem that will empower all types of economies from around the world.
As such Binance aims to leverage its know-how and make use of existing infrastructure to make this happen as well as share their experience in dealing with different governmental institutions regarding compliances and regulations.
Headlines for the world of Cryptocurrencies - August 18, 2019
- Majority Of Colombians Are Bullish On Cryptocurrencies
- U.S. Lawmakers Going To Switzerland To Check On Libra
- Crypto-Friendly Philippines
- Japan To Use Solar Power For Digital Economy
- New Rules For Crypto Salaries In New Zealand
Headlines for the world of Cryptocurrencies - August 17, 2019
- Binance IOS App Back Online
- Institutional Investors Buying $200-$400M Worth Of Crypto A Week
- $2.4 Million USD Dividends Paid By Crypto Lender Nexo To Holders
- Binance To Launch On November In The U.S.
- More Turkish Traders Turns To Bitcoin Amid Economic Woes
Headlines for the world of Cryptocurrencies - August 16, 2019
- FinCEN Director Reminds Casinos Of Compliance Regarding Crypto
- Market Responded Positively On Bakkt’s Release Date Announcement
- Bakkt Cleared For Late September Launch
- XRP Enthusiast Goes All In
- US Agency To Trial Blockchain Shipping Proof-of-Concept
