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On Friday, April 22, it was all over the news that the world’s largest crypto exchange (in terms of Trading Volume), Binance had purposely leaked user data to the Russian authorities. Further, as per a Reuters’ special report, Russian Intelligence agencies wanted Binance to share its user’s data to help them track down users engaged in criminal activity. However, it is reported that the ruling government had an ulterior motive for this which was to…

Hey there guys, you may have heard that the world largest crypto exchange, Binance was in talks with the Dubai and Abu Dhabi administration for some time now. So, that it could expand into the Arab region. But the surprise factor happened when on December 20, an announcement was made by Binance that Binance and Dubai’s World Trade Centre has officially struck a deal regarding the regulations and management of virtual assets. What does this…

Binance Futures Trading Leverage Limit Lowered The world largest crypto exchange, Binance has announced that they have started limiting their Future Trading Leverage margin to 20x. Previously, Binance allowed up to 125x margin for BTC/USDT contracts. This new development was announced just after the Hong Kong-based crypto exchange, FTX had enforced a similar policy, reducing the max leverage from 101x to 20x. Binance CEO Changpeng Zhao, popularly known as CZ has confirmed this news by…