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Latest news from the Binance Exchange

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Binance Launches EEA Exclusive Promotion with Up to 20% APR on USDC

According to the announcement from Binance, the platform is introducing a special promotion exclusively for users in the European Economic Area (EEA) to celebrate the new year. This promotion allows EEA users to earn up to 20% Annual Percentage Rate (APR) on USDC for a period of 10 days. The offer includes a 19% Bonus Tiered APR in addition to Real-Time APR rewards. The promotion period is set from 2026-01-08 00:00 (UTC) to 2026-02-05 23:59 (UTC).Eligibility for this promotion is limited to EEA residents who purchase USDC through Binance's Buy Crypto feature during the specified period. Participants can subscribe to Simple Earn USDC Flexible Products to benefit from the offer. The subscription process involves navigating to the Buy Crypto page on the Binance website or app, completing the purchase, and subscribing to the Simple Earn USDC Flexible Products. It may take up to 48 hours for eligible users to access the special offer, which is available on a first-come, first-served basis.The reward structure includes a Bonus Tiered APR, which is distributed daily to users' Spot Accounts, starting the day after accrual begins. Real-Time APR is accrued and accumulated in users' Earn Accounts every minute. The special offer is valid for up to 10 days, and users can enjoy both Real-Time and Bonus Tiered APR rewards during this period. However, redemption within the 10-day period will terminate the accrual of Bonus Tiered APR rewards. After the promotion ends, only Real-Time APR rewards will be available. Binance reserves the right to amend the terms and conditions of the promotion at its discretion.
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Binance Adds SKY and PLUME to Simple Earn Locked Products

Binance announced that Sky (SKY) and Plume (PLUME) have been added to Binance Simple Earn Locked Products, allowing users to earn rewards by subscribing to fixed-term staking products.Eligible subscriptions for SKY and PLUME Locked Products will open at 10:00 UTC on Jan. 8, 2026.How SKY and PLUME Locked Products workSubscription format: First-come, first-servedReward calculation period: From 00:00 UTC on the day after subscription until the end of the lock-up periodRewards distribution: DailyMinimum subscription: 1 tokenMaximum limits: Apply per product and durationActual rewards depend on subscription amount, duration, and availability.Available Locked Products and APRsSKY Locked ProductsDurationStandard APRMin per UserMax per User30 days9.75%1 SKY150,000 SKY60 days11.25%1 SKY200,000 SKY90 days12.75%1 SKY300,000 SKYPLUME Locked ProductsDurationStandard APRMin per UserMax per User30 days2.00%1 PLUME300,000 PLUME90 days3.20%1 PLUME500,000 PLUME120 days3.80%1 PLUME700,000 PLUMEHow to get startedUsers can participate by:Purchasing SKY or PLUME on the Binance Spot Market or via the Buy Crypto page (supported payment methods include Visa, Mastercard, Apple Pay, Google Pay, and account balances)Depositing SKY or PLUME into a Binance accountNavigating to [Earn] and searching for SKY or PLUMESelecting the preferred duration and completing the subscriptionOnce subscribed, users begin earning rewards automatically, with daily payouts throughout the lock-up period.Additional notesSubscription caps and product availability may change based on demandEarly redemption rules and penalties (if any) are governed by Binance Simple Earn termsAPRs are not guaranteed and may be adjusted
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Binance Margin to Update Cross Margin Collateral Ratios for Multiple Assets on Jan. 12

Binance announced that it will update the collateral ratios and rankings of multiple assets under Cross Margin on Jan. 12, 2026, at 06:00 UTC. The adjustment process is expected to be completed within approximately 30 minutes.The update applies specifically to Cross Margin Pro Mode and may affect users’ Margin Level (ML) calculations.Assets affected by the updateThe following assets will see changes to their collateral ranking:AssetOld RankNew RankARB67ADA45CFX89TRX76ASTER87XPL98ZEC87Updated collateral ratios (tiers 8–10)Binance also outlined the collateral ratios applicable to assets ranked No. 8, 9, and 10, based on USD-denominated position size.Asset Rank No. 8Tier (USD)Collateral Ratio0 – 100,000100%100,000 – 250,00080%250,000 – 500,00060%500,000 – 700,00030%700,000 – 1,000,00010%1,000,000 – 100B0%Asset Rank No. 9Tier (USD)Collateral Ratio0 – 100,000100%100,000 – 150,00080%150,000 – 200,00060%200,000 – 400,00030%400,000 – 600,00010%600,000 – 100B0%Asset Rank No. 10Tier (USD)Collateral Ratio0 – 100,000100%100,000 – 100B0%More details on collateral ratio calculations are available on Binance’s Margin Data page.Risk notice for margin tradersBinance cautioned that changes to collateral ratios will directly impact Margin Level (ML) in Cross Margin Pro Mode.Users are advised to:Monitor ML closelyAdjust collateral positions proactivelyAccount for potential liquidation risk caused by reduced collateral effectivenessBinance stated it bears no responsibility for losses incurred if users fail to manage collateral appropriately following the update.
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Binance to Update Collateral Ratios for Cross Margin Assets

According to the announcement from Binance, the platform will update the collateral ratios for several assets under Cross Margin on 2026-01-12 at 06:00 (UTC). The update is expected to be completed within approximately 30 minutes. The assets affected by this change include ARB, ADA, CFX, TRX, ASTER, XPL, and ZEC. These adjustments are part of Binance's ongoing efforts to optimize its margin trading services.The collateral ratios for assets ranked 8, 9, and 10 will be revised as follows: For Asset No. 8, the collateral ratio will be 100% for amounts between 0 and 100,000 USD, decreasing to 80% for amounts between 100,000 and 250,000 USD, 60% for 250,000 to 500,000 USD, 30% for 500,000 to 700,000 USD, and 10% for 700,000 to 1,000,000 USD. Beyond 1,000,000 USD, the collateral ratio will be 0%. Asset No. 9 will have a similar structure, with a 100% ratio up to 100,000 USD, decreasing to 80% for 100,000 to 150,000 USD, 60% for 150,000 to 200,000 USD, 30% for 200,000 to 400,000 USD, and 10% for 400,000 to 600,000 USD, with a 0% ratio beyond 600,000 USD. Asset No. 10 will maintain a 100% ratio up to 100,000 USD, with a 0% ratio beyond that amount.Users are advised to monitor their Margin Level (ML) closely in Cross Margin Pro Mode to avoid potential liquidation or losses due to these changes. Binance emphasizes that it holds no responsibility if users fail to adjust their collateral accordingly. This update underscores the importance of staying informed about margin trading adjustments to manage risks effectively.
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Binance to List 币安人生 and zkPass (ZKP) With Seed Tag Applied

Binance announced it will list 币安人生 (币安人生) and zkPass (ZKP) on its spot market, with trading set to begin at 14:00 UTC on Jan. 7, 2026. Both tokens will be listed with a Seed Tag, reflecting their early-stage status and higher risk profile.Spot trading pairsThe following spot trading pairs will open at launch:币安人生/USDT币安人生/USDC币安人生/TRYZKP/USDTZKP/USDCZKP/TRYDeposits for 币安人生 and ZKP are already open, while withdrawals will be enabled at 12:30 UTC on Jan. 7, 2026.The listing fee is 0 BNB.TRY is a fiat currency and TRY pairs will be available exclusively on Binance TR.Smart contract details币安人生BNB Smart Chain:0x924fa68a0FC644485b8df8AbfA0A41C2e7744444zkPass (ZKP)Ethereum:0xe1be424f442d0687129128c6c38aace44f8c8dbcBNB Smart Chain:0xd89B7dD376E671c124352267516BEF1C2cc231a3Base:0xc6c1be6c6d828f9cea70f1b8351879510fbf0065Binance also noted that an additional 300 million ZKP tokens will be allocated to future marketing campaigns, with details to be announced separately.Binance Alpha transition detailsPrior to spot listing, 币安人生 and ZKP are available for trading on Binance Alpha Market. Once spot trading begins:Both tokens will no longer be showcased on Binance AlphaTrading volume will no longer count toward Alpha PointsUsers can transfer balances from Alpha Accounts to Spot AccountsBinance will automatically transfer Alpha balances to Spot Accounts within 24 hoursBinance Alpha functions as a pre-listing token discovery pool, and assets are removed once they graduate to spot trading.Trading features availabilitySpot Algo Orders: enabled at listing timeTrading Bots & Spot Copy Trading: enabled within 24 hoursExisting Spot Copy Trading portfolios can include these pairs via Personal Pair Preference settingsAbout 币安人生币安人生 is a memecoin built on BNB Chain, designed as a community-driven token with no stated utility beyond its meme narrative.About zkPass (ZKP)zkPass is a decentralized oracle protocol that enables private internet data to be transformed into verifiable on-chain proofs, leveraging zero-knowledge technologies.Risk disclosure and Seed Tag noticeBinance emphasized that 币安人生 and ZKP are relatively new tokens and may experience high price volatility. As such:Both tokens carry a Seed TagUsers must complete risk awareness quizzes every 90 daysUsers must accept Binance’s Terms of Use before tradingSeed-tagged assets are considered innovative but higher-risk projects, and Binance advises users to conduct independent research (DYOR) and apply appropriate risk management.
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Binance Updates Proof of Reserves Display to Improve Accuracy and Transparency

Binance has announced an update to how its Proof of Reserves (PoR) data is presented across individual assets, as part of its ongoing commitment to transparency and ensuring that all user assets remain fully backed on a 1:1 basis.The exchange emphasized that the update is presentation-focused only and does not affect the safety, availability, or withdrawal functionality of user funds.What is changing in Binance’s Proof of ReservesThe update adjusts the scope of net account balances included in Proof of Reserves calculations to more accurately reflect all account balances on the platform.Previously, PoR net balances did not include certain platform-owned assets, which could result in inflated reserve ratios being displayed. The revised methodology incorporates these balances to provide a clearer and more accurate picture of Binance’s 1:1 backing.Binance said the change is designed to:Avoid confusion around reserve ratiosBetter reflect the economic reality of full backingHelp users more clearly understand what “1:1 fully backed” means in the context of Proof of ReservesWhy the update was madeBinance said Proof of Reserves is a digital-asset-native verification framework and remains a relatively new standard across the industry. The updated presentation reflects feedback from:UsersIndustry partnersExternal expertsThe exchange added that it continues to refine how PoR information is displayed to improve clarity and alignment with best practices.No impact on asset safety or withdrawalsBinance stressed that the update does not change:Custody of user assetsOn-chain verifiabilityWithdrawal availability“All account assets on Binance are always fully backed and can be verified on-chain at any time,” the company said.How users can verify 1:1 backingProof of Reserves is designed to allow independent verification by users. Binance uses a Merkle Tree system, enabling users to cryptographically confirm that their balances are included in the platform’s reserves.Users can access detailed instructions on how to verify their assets through Binance’s Proof of Reserves landing page, including explanations of Merkle Tree mechanics and verification steps.Ongoing commitment to transparencyBinance reiterated its commitment to:Maintaining full 1:1 asset backingImproving transparency standardsContinuously refining PoR disclosuresThe exchange thanked users for their continued trust and said it remains focused on keeping user funds SAFU.
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Binance Introduces New Yield Arena Offers and Year-End Campaign

According to the announcement from Binance, the platform has unveiled new offerings in its Yield Arena, providing users with opportunities to earn rewards through various financial products. The latest additions include Simple Earn, ETH Staking, SOL Staking, and Dual Investment, among others. A notable highlight is the Year-End Mega Earn Campaign, where participants can complete tasks, earn Campaign Points, and compete on a leaderboard to share $1 million worth of rewards in DOLO. This campaign is set to run until 2026-01-08 23:59 (UTC).The announcement details several product offerings with varying durations and annual percentage rates (APRs). For instance, flexible products like USDT offer a real-time APR of approximately 1.5% with a 5% bonus tiered APR, while USDC provides a 1% real-time APR with a 4% bonus. Locked products include BABY and NIL, both offering a 29.9% APR over 120 days. ETH Staking and SOL Staking offer dynamic APRs of up to 2.5% and 5.4%, respectively. Dual Investment products for BTC and ETH promise returns of 15% or more, with multiple settlement dates available.Binance emphasizes that these offers are available on a first-come, first-served basis, and users can view their assets under the 'Assets > Earn' section. The platform reserves the right to adjust APRs without prior notice. Users have the option to redeem their assets early in Simple Earn Locked Products, although this may affect the distributed interest. Additionally, users holding BNB Flexible or Locked Products positions can automatically receive rewards from ongoing Launchpools and qualify for Megadrop rewards. The announcement also highlights the benefits of subscribing to BNB Simple Earn products, which include receiving airdropped tokens via HODLer Airdrops.
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Binance Appoints Tarik Erk as Regional Head for MENAT

Binance Blog published a new article, announcing the appointment of Tarik Erk as the Regional Head for MENAT, which includes the Middle East, North Africa, and Turkey, as well as the Senior Executive Officer in Abu Dhabi. This strategic move underscores Binance's commitment to regulatory engagement, institutional trust, and sustainable growth in the region, which is rapidly evolving as a hub for digital assets and financial innovation. Erk's extensive experience in regulatory compliance, market expansion, product launches, and government affairs aligns with Binance's objectives to provide secure and compliant access to digital finance.Erk, originally from Buffalo, New York, has over a decade of experience in the digital asset and financial services sectors. He began his career in digital assets in 2017 at Paxos in New York City and has held positions at major financial institutions such as JPMorgan Chase and Commerzbank. Before joining Binance, Erk was the General Manager for the Middle East and Africa at a digital asset firm, focusing on expanding regulated operations in the region. His recognition as one of the most influential figures in Singapore’s fintech ecosystem by FinTech Nation and his previous role as a board member of the Singapore Cryptocurrency and Blockchain Industry Association highlight his significant contributions to the industry.Erk’s appointment is a testament to Binance’s strategic focus on regulatory engagement and sustainable growth in the MENAT region. As digital asset frameworks and market infrastructure continue to advance, Erk’s expertise in compliance and operational execution will be crucial. "I am proud to take on this exciting opportunity at Binance as the company continues to navigate evolving regulatory frameworks and strengthen its presence across the MENAT region," Erk stated. "I look forward to exploring new growth opportunities and helping shape the future of digital finance within the region and beyond."As the regulatory landscape for digital assets matures across the Middle East, North Africa, and Turkey, the need for regional leadership that combines compliance experience with operational execution becomes increasingly important. Tarik Erk’s appointment supports Binance’s efforts to engage constructively with regulators, responsibly expand access, and help build the infrastructure that will define the next phase of digital finance in MENAT.
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Binance Futures to Launch USDⓈ-Margined XAGUSDT Perpetual Contract With Up to 50x Leverage

Binance announced that Binance Futures will launch a new USDⓈ-margined XAGUSDT perpetual contract, expanding its derivatives offerings to include silver-based trading instruments.The XAGUSDT perpetual contract is scheduled to go live on Jan. 7, 2026, at 10:00 UTC, with maximum leverage of up to 50x.XAGUSDT Perpetual Contract detailsTrading pair: XAGUSDTLaunch time: Jan. 7, 2026, 10:00 UTCUnderlying asset: Silver (XAG)Contract unit: 1 troy ounce of silver, priced in U.S. dollarsSettlement asset: USDTTick size: 0.01Minimum trade amount: 0.001 XAGMinimum notional value: 5 USDTCapped funding rate: +2.00% / −2.00%Funding settlement: Every four hoursMaximum leverage: 50xTrading hours: 24/7Multi-Assets Mode: SupportedAdditional notesBinance said the new contract will be included in its Futures New Listing Fee Promotion and will become available for Futures Copy Trading within 24 hours of launch.The exchange noted that contract specifications — including funding rates, tick size, leverage limits, and margin requirements — may be adjusted over time based on market risk conditions.With Multi-Assets Mode, users can use multiple supported assets, such as BTC, as margin when trading the XAGUSDT perpetual contract, subject to applicable haircuts.Binance also reiterated that Futures and Spot listings are not correlated, and that the listing of a contract on Binance Futures does not guarantee a spot market listing.The XAGUSDT perpetual contract is subject to the Binance Terms of Use and the Binance Futures Service Agreement. Availability of products and services may vary by region.
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Binance to Introduce Brevis (BREV) Across Multiple Platforms

According to the announcement from Binance, Brevis (BREV) will soon be integrated into several of its services, including Binance Simple Earn, "Buy Crypto," Binance Convert, Binance Margin, and Binance Futures. The BREV Flexible Products will be available for subscription on Binance Simple Earn starting 2026-01-06 at 14:00 (UTC). This integration is part of the Binance HODLer Airdrops program, which rewards BNB holders with token airdrops based on historical snapshots of their BNB Simple Earn asset or BNB On-Chain Yield balances.In the "Buy Crypto" section, users will be able to purchase BREV using VISA, MasterCard, Google Pay, and Apple Pay, or trade BREV with their account balances. This feature will be accessible within one hour of BREV's listing on Binance Spot. Additionally, Binance Convert will allow users to trade BREV against BTC, USDT, and other tokens without fees, also available within an hour of the spot listing.For margin trading, Binance Margin will introduce BREV as a new borrowable asset on both Cross and Isolated Margin, including the BREV/USDT and BREV/USDC pairs, effective from 2026-01-06 at 14:00 (UTC). The same applies to Portfolio Margin. Users are advised to exercise caution as newly listed tokens can be volatile, and they should adopt stringent risk management strategies.On the futures front, Binance Futures will transition the USDⓈ-M BREV Perpetual Contract from pre-market trading to a standard contract on 2026-01-06 at 14:00 (UTC). This transition may take up to three hours, depending on price volatility and the availability of a stable index price. Trading and existing positions of the BREVUSDT Perpetual Contract will remain unaffected during this period. The perpetual contract will also be available for Futures Copy Trading within 24 hours of its launch.
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Binance Launches Fiat Deposit Campaign for VIP Tier Upgrades

According to the announcement from Binance, the platform is reintroducing its Deposit Fiat to Fast Track VIP Level Campaign, offering users the chance to elevate their VIP status through fiat deposits. The campaign runs from 2026-01-06 to 2026-02-04, allowing participants to upgrade their VIP tiers and earn trading rebate vouchers by engaging in Binance Spot and Futures trading.Promotion 1: Deposit Fiat to Upgrade VIP StatusDuring the campaign, users who register and meet the required accumulated net fiat deposit thresholds in supported currencies like USD, EUR, and BRL can enjoy a VIP tier upgrade for 30 days. The upgrade tiers are based on the deposit amount, starting from $100,000 for VIP 1 up to $1,000,000 for VIP 4. Users must utilize deposits from available payment methods on the Fiat Deposit page, and the upgraded VIP tier must exceed their current tier. VIP upgrades are reviewed daily, with a processing time of up to five business days. Each upgrade lasts 30 days from approval, and multiple upgrades within the campaign reset the 30-day period. Users upgraded to VIP 2 and above are restricted from receiving Binance Referral Program commissions or discounts.Promotion 2: Trade to Unlock VIP Trading Rebate Voucher RewardsOnce upgraded, users can earn Trading Fee Rebate Vouchers based on their trading volume during the 30-day period post-upgrade. Rewards are issued separately for Spot and Futures trading, contingent on trading performance. Users must increase their trading volume by at least 20% post-upgrade to qualify for rewards. Each user can receive one voucher per market, and the fiat deposit must remain on the platform during the campaign. The promotion is exclusive to verified users who have completed identity verification and registered for the campaign. Terms and conditions apply, and certain jurisdictions may have restrictions.
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Binance Square Launches Walrus Token Campaign on CreatorPad

According to the announcement from Binance, a new campaign on CreatorPad is set to offer verified users the opportunity to unlock 300,000 Walrus (WAL) token voucher rewards by completing simple tasks. CreatorPad, a platform on Binance Square, allows users to earn token rewards through task completion. The activity period spans from 2026-01-06 09:00 (UTC) to 2026-02-06 09:00 (UTC). As of the start date, CreatorPad has updated its leaderboard system to track and measure the quality of users’ content. Participants can earn points by completing tasks, with more points leading to greater rewards.To participate, verified Binance users must register by clicking “Join now” and complete mandatory tasks from sections 1 to 4 to earn points. Eligible winners can unlock a share of the 300,000 WAL token vouchers. Tasks include following the project’s account on Binance Square and X, creating posts on Binance Square and X with specific criteria, and trading a minimum of $10 equivalent in WAL on Binance Spot, Futures, or Convert. Points earned from these tasks will determine users' ranks on the leaderboard. Trading fees apply and are not included in the trade volume calculation.The reward structure is based on the leaderboard results at the activity's end. The top 100 creators on the WAL 30D Project Leaderboard will share 105,000 WAL, while remaining participants who complete all tasks will share 45,000 WAL. A similar reward structure applies to top Chinese creators. Users must complete account verification to receive rewards, and certain accounts are ineligible, including those identified as risk users. Binance reserves the right to amend terms and conditions and disqualify participants who violate guidelines. Rewards will be distributed within 14 working days after the activity ends, with a seven-day validity period for token vouchers.
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Binance to Launch New JPY Trading Pairs with Zero Maker Fees

According to the announcement from Binance, the platform is set to expand its trading options by introducing new JPY trading pairs on Binance Spot. The trading for the FET/JPY and TAO/JPY pairs will commence on 2026-01-09 at 08:00 (UTC). This initiative aims to enhance the trading experience for users by offering more diverse trading choices.In addition to the new trading pairs, Binance will offer zero maker fees for these JPY spot trading pairs during a promotional period. This promotion will run from 2026-01-09 08:00 (UTC) to 2026-02-09 07:59 (UTC). It is important to note that JPY is a fiat currency and does not represent any digital currencies. Only Binance Japan users will have the capability to deposit or withdraw JPY, while Binance.com users will not have this option.Once the promotion period concludes, standard trading fees will apply. Users are encouraged to refer to the trading fee structure for detailed information. Binance has also outlined terms and conditions for the promotion, stating that it reserves the right to disqualify trades that are identified as wash trades, bulk account registrations, or those exhibiting self-dealing or market manipulation. All trading volumes and metrics related to the promotion will be measured at Binance's discretion.Furthermore, Binance retains the authority to cancel or amend the promotion or its rules at any time. Participants who tamper with or interfere with Binance's program code may also face disqualification. The announcement emphasizes the importance of referring to the original English version for the most accurate information, as there may be discrepancies in translated versions.
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Binance's AI Innovation Enhances Memecoin Understanding

Binance Blog published a new article, introducing Binance's groundbreaking vision-language model designed to generate fact-checked narratives for meme tokens. This innovative tool creates backstories from names, symbols, logos, and social media posts in under two seconds across multiple blockchain platforms. Each narrative undergoes rigorous evaluation for factuality, fluency, style, and relevance, ensuring high-quality and trustworthy outputs. Integrated into the Meme Rush feature, these narratives provide users with instant insights into token origins and motivations, significantly reducing research friction.The rapid creation of meme tokens has led to an information gap, with new tokens appearing frequently without context about their origins or creators. This leaves traders guessing, trying to decipher a constant influx of new coins with minimal information. Binance Wallet's Meme Rush addresses this issue by offering AI-generated narratives for each token, allowing users to understand the "why" behind each meme token instantly. The system continuously scans both on-chain and off-chain sources to gather essential details for new meme tokens from over ten launch platforms. This automated process enables Binance to index new tokens swiftly.The AI narrative system, built using a compact vision-language model, generates concise and easy-to-read narratives. To maintain speed during peak traffic, these narratives are cached in a high-performance database for quick access. Users can view the narrative instantly by hovering over the narrative icon on a token profile, providing quick context without the need for additional searches. This feature not only enhances user engagement but also positions Binance as a pioneer in integrating AI narratives with Web3 discovery, potentially boosting trust and community energy in the memecoin market.To ensure the narratives capture not just what a token is but why it exists, Binance has fine-tuned its vision-language model to read both text and logos, trained it across multi-chain meme ecosystems, and built an efficient data pipeline to track emerging token trends. The AI system is chain-agnostic, offering instant context for newly launched meme tokens without users leaving Binance Wallet. It understands different naming conventions, memes, and cultural trends, ensuring consistent and clear stories regardless of the blockchain a token originates from.Looking ahead, Binance plans to enhance the Meme Rush narrative system by continuously updating the model to capture the latest memes, token launches, and evolving language trends. The goal is to make the AI not just reactive but proactively insightful, connecting trends, culture, and markets in real-time across the Web3 ecosystem. As AI-driven insights become increasingly crucial in the crypto space, Binance is at the forefront, providing users with tools to navigate the complex world of meme tokens effectively. However, users are reminded to conduct their own research and consider their risk appetite before making investment decisions.
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Binance Implements New ADGM-Regulated Structure

According to the announcement from Binance, the platform has transitioned to a new ADGM-regulated structure, effective from 2026-01-05 08:00 (UTC). This change aims to enhance clarity, oversight, and risk management across its operations. Users are advised to review the prior announcement dated 2025-12-08 for reference. **New ADGM Regulatory Structure** From the specified date, Binance services are provided through three ADGM-licensed entities. Nest Exchange Limited, formerly known as Nest Services Limited, operates as a Recognized Investment Exchange, handling all exchange activities, including spot and derivatives trading. Nest Clearing and Custody Limited, previously Binance (AD) Limited, functions as a Recognised Clearing House, responsible for clearing, settlement, and safeguarding user digital assets. Nest Trading Limited, formerly BCI Limited, acts as a Broker-Dealer, managing off-exchange activities and principal-based services like OTC trading and Convert. This structure mirrors established financial market infrastructures, ensuring clear separation of responsibilities and strengthened risk controls. **Changes to Service Providers and Data Controllers** To align with the new structure, contractual arrangements with users have been updated. Services are now provided by Nest Exchange Limited, Nest Clearing and Custody Limited, and Nest Trading Limited. The rights and obligations under the existing Terms of Use have been novated to the relevant ADGM entities. Additionally, each ADGM-regulated entity now acts as a separate data controller for the services it provides. **Updated Terms of Use and Privacy Notice** The Terms of Use, Privacy Notice, and related legal documentation have been updated and are now in effect. Users confirm their agreement to the updated Terms of Use by clicking the confirmation button upon login. Continued use of the services constitutes acceptance of these changes. **Clearing and Custody Arrangements** As of 2026-01-05 08:00 (UTC), users’ open positions for on-exchange derivative transactions are cleared by Nest Clearing and Custody Limited, which also acts as the custodian of user digital assets. Certain exceptions apply, such as assets frozen by authorities or those of Canadian-resident users in withdrawal-only mode, which remain under Nest Exchange Limited. **Impact on Users** These changes are regulatory and legal in nature and do not alter user interaction with the platform. Users will continue to access their accounts with existing credentials, and balances, order history, and trading functionality remain unaffected. Products and services continue to be available, albeit potentially provided by different regulated service providers under the new structure.
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