Binance, the world's largest crypto exchange, secured its first institutional investment with a $2 billion backing from Abu Dhabi-based investment giant MGX. The deal, announced on March 12, marks the largest investment ever received by a crypto company and the most significant transaction conducted entirely in stablecoins.

Crypto assets were under scrutiny in the U.S. Congress on March 11. The House of Representatives Financial Services Committee debated the merits of stablecoins and a central bank digital currency (CBDC) in a hearing titled “Navigating the Digital Payments Ecosystem: Examining a Federal Framework for Payment Stablecoins and Consequences of a U.S.

Prosecutors have accused Tom Goldstein of violating federal tax laws and failing to report cryptocurrency transactions.

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Binance announced on March 12 that its Alpha platform has implemented a new comprehensive token review framework that will aim to remove tokens that don't meet certain quantitative and qualitative criteria.The quantitative metrics include trading volume stability, liquidity depth, frequency of onchain transactions and distribution of tokenholders. The qualitative metrics include project team credibility, adherence to regulatory compliance, community popularity and more.

TL;DR Binance receives a $2 billion investment from the firm MGX, marking the first institutional investment in the exchange and the largest in a crypto company. The investment was made in stablecoins, though the exact currency used was not specified, and will strengthen Binance's position as the world's largest crypto exchange.

The exchange recently obtained a Markets in Crypto Assets license in Europe.

American Congressman Tom Emmer recently reaffirmed his support for stablecoins and his fierce opposition to central bank digital currencies (CBDC), which he sees as a threat to citizens' financial freedom. During a recent address on March 11, 2025, Emmer once again presented his pro-stablecoin bill aimed at promoting these digital assets while curtailing the development of CBDCs in the United States.

Gemini crypto exchange is enhancing its services for institutional clients in Europe by introducing US dollar payment support.

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The Bolivia's state energy firm, Yacimientos Petrolíferos Fiscales Bolivianos (YPFB) plans to adopt crypto payments for the procurement of fuels as the country faces acute shortage of the foreign currency and fuel supply. officials of the company recently stated that the government of the country had endorsed the use of digital assets in the purchase

An official in South Korea exploited government seals and financial loopholes over six years, diverting public funds into cryptocurrency investments, including donations meant for disaster relief efforts. The post Government Official in South Korea Forged Documents to Funnel Funds into Crypto appeared first on Cryptonews.

On Mar. 10, 2025, European Stability Mechanism managing director Pierre Gramegna expressed his concerns regarding the potential harm of the U.S. government's pro-crypto course and USD-denominated stablecoins to the EU'sEU's financial stability and sovereignty. Gramegna's recent commentaries concerning the U.

Crypto exchange Binance on Wednesday announced a landmark $2 billion investment from Abu Dhabi-based MGX, marking the first institutional investment in the company, the largest investment ever made into a cryptocurrency firm. The deal apparently highlights Binance's growing influence in the global digital asset market and MGX's entry into the sector, reinforcing the UAE's role as a hub for innovative finance.

Binance just made headlines with a mind-blowing $2 billion investment from MGX, an Abu Dhabi-based AI and advanced technology investor. It is a big deal for several reasons.

The recent GENIUS stablecoin bill is merely a thinly veiled attempt to usher in central bank digital currency (CBDC) controls through privatized means, according to Jean Rausis, co-founder of the Smardex decentralized trading platform.In a statement shared with Cointelegraph, Rausis said that the US government will punish stablecoin issuers that do not comply with the new regulatory framework, similar to the European Union Markets in Crypto-Assets (MiCA) regulations. The executive added: “The government realizes that if they control stablecoins, they control financial transactions.

A Federal Reserve inflation gauge has shown signs of easing, sparking reactions across financial markets, including cryptocurrencies. As inflation pressures lessen, investors are reassessing their positions, leading to price movements on Bitcoin and other digital assets.

Binance just secured a $2 billion investment from MGX, an Abu Dhabi-based AI and tech investment giant, according to a press release by the exchange today.

Binance announced today that MGX, a sovereign wealth fund from Abu Dhabi, invested $2 billion in the company. The transaction happened entirely using stablecoins.

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On Wednesday, the U.S. Bureau of Labor Statistics unveiled its latest findings, revealing that February's Consumer Price Index—a key measure of inflation—eased to 2.8%, coming in slightly under the anticipated 2.9%.

Abu Dhabi-based investment firm MGX has invested $2 billion in cryptocurrency exchange Binance, potentially marking one of the biggest funding deals in the industry's history.In a March 12 announcement, Binance said the transaction was the first institutional investment in the cryptocurrency exchange. Once finalized, the deal will be funded entirely through stablecoins.

"The tactics, techniques, and procedures (TTPs) observed in this npm attack closely align with Lazarus's known operations," a cybersecurity research said.

The world's largest cryptocurrency exchange, Binance, just revealed a major shake-up in its spot trading offerings. New trading pairs are coming in, old ones are getting cut and users will see an expanded range of options.

Michael van de Poppe, cryptocurrency analyst and trader based at the Amsterdam stock exchange, has taken to the social media platform X (formerly known as Twitter) to share a prediction that he can now see signs of “a great bull market” for crypto looming on the horizon.

Abu Dhabi-based MGX has invested $2 billion in Binance, marking the largest institutional investment ever in a crypto company and the largest ever paid in stablecoins. The deal cements Binance's dominance and signals growing institutional faith in blockchain's future.

Dollars scarce and production declining: the new Bolivian strategy

The financing MGX's first investment into a crypto and blockchain firm, with MGX also acquiring a minority stake in Binance.

Bolivia's state-owned energy firm YPFB will begin using crypto to pay for fuel imports as the country grapples with a severe shortage of U.S. dollars and dwindling natural gas production.

Cryptocurrency exchange Binance said on Wednesday Abu Dhabi investment group MGX had invested $2 billion worth of cryptocurrency into the company.

Russia's central bank has proposed regulating certain cryptocurrency investments for wealthy individuals, it said on Wednesday, outlining plans for "specially qualified" investors to trade crypto assets.

Binance, the top cryptocurrency exchange globally, has received a huge $2 billion investment from MGX, based in Abu Dhabi. This deal is noteworthy for two reasons: it's the biggest single investment in a crypto company to date, and it's the first time such a large amount has been paid in stablecoin.

It's the first institutional investment in the crypto exchange and the investment was made in stablecoin, Binance said.

Opinion by: Sasha Ivanov, founder of Waves and Units.Network Not long ago, the idea that an internet joke could become a multibillion-dollar asset class seemed laughable. Today, memecoins are not just mainstream.

An investment of record for the cryptocurrency sector

Bolivia, a landlocked country in South America, has turned to cryptocurrencies in order to pay for energy imports, according to a Wednesday report by Reuters.

Binance announced Wednesday that Abu Dhabi-based AI and tech investor MGX has put $2 billion into the company, paid in stablecoins.

The Netherlands Authority for the Financial Markets (AFM) has fined online crypto and stock trading platform BUX €1.6 million for using financial influencers, or “finfluencers,” to recruit new customers.

In a massive development, Binance has announced a historic $2 billion investment from the Abu Dhabi-based investment firm. This marks the single largest investment in a crypto company, and the sum was also notably paid in crypto.

MGX's investment in Binance signals growing institutional confidence in blockchain, potentially accelerating mainstream crypto adoption globally. The post Binance secures $2 billion from Abu Dhabi's MGX appeared first on Crypto Briefing.

After receiving multiple financial sanctions from so many countries Russia is taking a step toward regulated cryptocurrency investments, but only for select investors. The country's central bank has proposed a three-year trial, letting a small group buy and sell Bitcoin. While this is a big step, Russia is still careful about fully accepting crypto.

The transactions in cryptocurrencies remain prohibited for payments

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Vocal opposition to the European Central Bank's (ECB) digital euro project reportedly swelled after the institution's payment system crashed last month. TARGET2 (T2), the ECB's real-time gross settlement system, went down in late February, which prevented payments from being processed for several hours.

US Representative Tom Emmer is pushing for pro-stablecoin legislation while opposing central bank digital currencies (CBDCs).