In order to drive value to the token, Binance conducts a quarterly buyback of BNB, utilizing 20% of exchange profits. These tokens are subsequently burned, and auditable records of this process are recorded on-chain. Binance aims to buy back 50% (100 million) of the total token supply over time, in order to create a form of price support among early adopters and align incentivizes of token ... Binance — currently the world’s most popular cryptocurrency exchange has just announced a new partnership with risk management and RegTech compliance platform IdentityMind. This looks to be an attempt to improve its regulatory compliance in order to maintain its edge in the industry. Binance, which supports more than 100 cryptocurrencies, is currently the largest exchange in the world in terms of volume traded. By partnering with IdentityMind to provide better security and compliance solutions, Binance appears eager to set itself apart from other exchanges and provide assurance to users worried about fraud or theft. Koi Trading is the OTC company backed by Binance, the largest digital asset exchange in the market in terms of trading volume. Koi Trading and IdentityMind Sign New Partnership. IdentityMind, a platform for online risk management, is now working with Koi Trading to release a new AML service. The main intention is to target money services ... Binance Chain is a blockchain developed by our community, with some initial directions from us; Binance DEX is a decentralized exchange developed on top of Binance Chain, with low latency, high throughput, low fees and UX similar to current centralized exchanges. Oh, and you hold your keys or funds yourself. No need to deposit your funds at an exchange. The purpose of Binance Chain and DEX is ... Binance Ties Up With IdentityMind For Compliance and Security Tools. By Rushali Shome. Binance, which is one of the largest exchanges, and arguably the topmost centralized crypto exchange in the market, has recently teamed up with IdentityMind, a firm involved in risk management and compliance services. This announcement came through a blog post from the exchange’s official account on 26th ... #CryptoCorner: OKEx Developing Blockchain, Binance Partners with IdentityMind for Compliance and Data Security and Bing (NASDAQ: MSFT) Blocked 5 Million Crypto Ads in 2018
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