What are the latest news and developments regarding Binance? 🤔
🔥 Here’s a brief summary of the latest articles about Binance: Latest developments and news (end of July 2025): New listing: PlaysOut token (PLAY): Binance will launch trading for PlaysOut (PLAY) on July 31, 2025, with an airdrop for qualified users. This will be the first platform to list PLAY on its Alpha and Futures platforms, with a perpetual contract PLAYUSDT offering up to 50x leverage. PlaysOut is described as a global mini-game infrastructure compatible with WeChat and TikTok mini-game frameworks. $BNB
BNB reaches record level: $BNB BNB (Binance Coin) recently exceeded $850, 🤯🤑📈setting a new record and solidifying its position as the third-largest altcoin in the world by market capitalization (excluding stablecoins). This growth 📈 is associated with strong risk asset returns, spot market growth, and increasing acceptance by corporate treasuries.
Binance data and Bitcoin trends: Analysis of Binance data indicates that $BTC BTC Bitcoin (BTC) is in a consolidation phase, with stable open interest on Binance Futures, indicating strategic positioning by larger players. Despite pressure from market participants, Bitcoin's price dynamics have withstood sharp declines, suggesting that passive buyers are absorbing orders.
Some analysts predict a possible drop to $110,000 to clear weak long positions before a stronger breakout.
Launch of Binance Asset Management RWUSD: Binance Asset Management has introduced RWUSD, a foundation-backed investment product supported by tokenized assets with a US credit rating, offering users up to 4.2% annual interest, paid daily. Binance HODLer Airdrops for Treehouse (TREE): Binance announced Treehouse (TREE) as the 29th project for its HODLer airdrops, rewarding users who subscribed BNB to Simple Earn from July 10 to 13. Trading for TREE is scheduled for July 29, 2025.
Trading Competition💰 BNB Smart Chain: Binance Wallet is hosting a trading competition for BNB Smart Chain, where users can trade Aspecta (ASP), Zircuit (ZRC), Yala (YALA), and Trusta.AI (TA) to share rewards totaling $3.2 million. Regulatory and strategic moves: Advisory role for Pakistan for CZ: Changpeng Zhao, the founder of Binance, has taken on an advisory role in the newly established crypto council of Pakistan. This move signals changes in Pakistan's digital financial policy aimed at establishing regulatory frameworks for the sector.
Continuation of global regulatory approvals: Binance continues to expand its regulatory presence globally, having received the 21st regulatory approval from the Central Bank of Brazil.
This follows recent approvals in Argentina, India, Kazakhstan, and Indonesia, strengthening its position as a highly licensed cryptocurrency exchange worldwide. It is important to note that while Binance continues to expand and innovate, it has also faced previous regulatory challenges in various jurisdictions, including the USA and the UK.
The company has publicly stated its commitment to a robust compliance program and effective regulation for the industry.
What do you think about all this? What is your impression? ❓🤔
