Does Kraken’s fundraise value Binance above $100B?
Kraken is seeking to raise at a $15 billion valuation, which probably places comp valuation metrics for Binance at more than $100 billion.
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Kraken is seeking to raise at a $15 billion valuation, which probably places comp valuation metrics for Binance at more than $100 billion.
Read more (3 min) →India has been accused of driving crypto traders to non-compliant services with a 30% tax on gains and a 1% deduction on transactions.
Despite calling the measures "unethical," Binance chief Changpeng Zhao says the company "must continue to lead the industry in implementing these sanctions.”
Binance is blocking crypto traders on sanctions lists but won’t widely ban Russian users, as it would supposedly go against crypto's values.