Key news and updates
1. Binance collaborates with BBVA to store assets off-platform
BBVA, one of the Spanish banks, provided asset custody services for Binance clients independently from the platform, enhancing trust in safety after regulatory pressures and subsequent FTX downturn.
2. Restoration of 'Binance Earn' products for professional clients in the UK
Binance has reintroduced its yield-earning services (Earn Products) for professional clients in the UK following new regulatory approvals.
3. Binance joins the T3 Financial Crime Unit
Binance became the first T3+ partner to join the T3 Financial Crime Unit, led by Tron, Tether, and TRM Labs, in response to the worsening of digital attacks and breaches.
4. Record flows of Bitcoin to Binance
The exchange recorded record flows in Bitcoin while other platforms suffered net negative flows. This includes a clear presence of whales directing their funds towards Binance in preparation for potential trading.
5. Record high in the value of BNB (Binance Coin)
The price of BNB reached an all-time high of around $864.50, in parallel with the rise in Bitcoin prices and the recovery of the cryptocurrency market.
6. Binance regains liquidity on a general scale and leads the market
Binance ranked first among centralized trading platforms in July 2025, with a market share of 39.8% and a monthly trading volume of $698.3 billion.