Scan to download
BTC $62,560.27 +0.27%
ETH $1,664.61 +0.66%
BNB $576.05 +0.66%
XRP $1.09 -0.76%
SOL $69.15 +0.28%
TRX $0.3307 +0.37%
DOGE $0.0788 -0.43%
ADA $0.1499 -1.97%
BCH $193.13 +1.41%
LINK $7.61 +0.79%
HYPE $62.26 -1.02%
AAVE $72.56 +0.79%
SUI $0.6989 +1.44%
XLM $0.1916 -0.69%
ZEC $413.42 -2.36%
BTC $62,560.27 +0.27%
ETH $1,664.61 +0.66%
BNB $576.05 +0.66%
XRP $1.09 -0.76%
SOL $69.15 +0.28%
TRX $0.3307 +0.37%
DOGE $0.0788 -0.43%
ADA $0.1499 -1.97%
BCH $193.13 +1.41%
LINK $7.61 +0.79%
HYPE $62.26 -1.02%
AAVE $72.56 +0.79%
SUI $0.6989 +1.44%
XLM $0.1916 -0.69%
ZEC $413.42 -2.36%

bnb

BNB (Binance Coin) is the native token issued by Binance, a leading global cryptocurrency exchange. Initially launched as an ERC-20 token on the Ethereum blockchain, it was later migrated to Binance Chain and Binance Smart Chain. BNB is primarily used to pay transaction fees, participate in token sales, pay for goods and services, and serve as fuel within the Binance ecosystem. Holders also enjoy trading fee discounts and participate in platform governance. BNB plays an important role in Binance's diversified ecosystem, supporting decentralized finance (DeFi) applications and smart contracts.
All
Article
Flash

Zhao Changpeng: We are no longer operating the trading platform; BNB Chain is developing a new version that is faster, cheaper, and has more privacy controls

Binance founder Zhao Changpeng (CZ) participated in an exclusive interview on the Galaxy Brains podcast with Galaxy Research Director Alex Thorn. CZ stated that he is no longer operating the trading platform, allowing him more time to communicate with developers, and he is excited about some new features of BNB Chain. He mentioned that BNB Chain is developing the next version, which will be faster, cheaper, and include more privacy controls.CZ also advised blockchain developers not to make major upgrades during a bull market, but to push forward significant updates during the quieter times of a bear market. CZ said that he was skeptical about RWA (Real World Assets) about a year to a year and a half ago, uncertain whether the related assets would be traded or could develop. However, the speed of RWA's development surprised him, as stablecoins, oil futures, AI stocks, and others have gained good acceptance in the crypto community. This indicates that many people globally have been looking for access to these assets.Crypto should not be seen as an independent industry, but rather as a new technological tool that makes financial transactions faster, cheaper, and more transparent. He believes that traditional financial institutions can use blockchain, and crypto companies can also provide services similar to traditional finance, such as loans, savings, stock trading, remittances, and payments. In the future, there should not be a clear distinction between traditional finance and crypto, but rather a more globalized, faster, and lower-cost financial industry.

Russia may impose fees on "unfriendly" cryptocurrency transactions to protect investors

Russian Deputy Finance Minister Ivan Chebeskov stated that Russia may introduce fees, recommendations, and technical protection mechanisms for "unfriendly" cryptocurrency transactions to protect Russian investors. During the preparation for the second reading of the cryptocurrency market regulation bill, one of the core topics is whether to allow specific digital assets (including USDT and BNB) to participate in trading. Ivan Chebeskov pointed out that the operation of such tools may pose high risks to Russian users, and therefore additional protective measures are being considered, including economic incentives such as fees or recommendations to encourage citizens to hold other assets.Previously, the Russian Ministry of Finance considered excluding USDT from the cryptocurrency market regulatory framework, but industry participants expressed their willingness to bear the risks of using the tool themselves. Additionally, in the regulatory concept proposed by the Central Bank of Russia last December, it was suggested that digital currencies and stablecoins be classified as foreign exchange assets, allowing buying and selling but prohibiting their use for domestic payments for goods and services. Ineligible investors may purchase the most liquid cryptocurrencies after passing specific tests, and the annual limit for purchasing assets through a single intermediary does not exceed 300,000 rubles.
app_icon
ChainCatcher Building the Web3 world with innovations.