Binance Latest News
Binance, the world's largest cryptocurrency exchange by trading volume, has been making headlines recently. Here are some of the top stories:
#CryptoCPIWatch $BTC Binance's Proof of Reserves Report#CryptoPatience
Binance published its updated monthly proof of reserves report for May 2025, showing that the exchange's backed assets remain over 100% for major tokens such as Bitcoin, USDT, and Ethereum. This move aims to increase transparency and reassure users about the security of their assets.
### Stablecoin Inflows Surge
Stablecoin inflows to Binance have surged sharply, signaling a potential bullish breakout across the crypto market. According to CryptoQuant contributor Darkfost, Binance stablecoin inflows have been steadily increasing over the last three weeks.
### Partnership with $XRP Bhutan
Bhutan has become the first nation to enable crypto payments for tourism at a national scale, partnering with Binance Pay and DK Bank. This partnership allows tourists to make payments using cryptocurrencies, promoting the adoption of digital currencies in the country.
### Regulatory Challenges
Binance is facing regulatory challenges worldwide, including compliance concerns in the US. A group of Democratic #USDTfree US senators has called for a federal investigation into Binance's connections with the Trump family's cryptocurrency venture, World Liberty Financial.
### New Listings and Features
Binance has added monitoring tags to several tokens, including Movement Labs' MOVE token, and has listed new tokens such as Maple Finance's SYRUP. The exchange has also partnered with Kyrgyzstan's National Agency for Investments to implement crypto payment infrastructure and launch blockchain education programs.
### Market Trends
Binance Coin $BNB has been performing well, with its price nearing a breakout after forming a giant cup and handle pattern. According to analysts, BNB's price could surge further if it breaks out of its current pattern
