The crypto market is experiencing a slight correction while Binance continues to strengthen its position by obtaining new licenses and expanding its services.
Growth of Crypto Market Capitalization
The crypto market shows a slight growth, with a market capitalization of $2.59 trillion, up 5.65% compared to previous figures.
Regulatory News for Binance
Binance receives regulatory clarity from the authorities in Bahrain. The company’s BPay Global has been approved by the Central Bank of Bahrain. The Licensing Director at the Central Bank stated, "The CBB remains committed to enabling a dynamic and progressive payment landscape that aligns with global advancements in financial technology."
Updates on BNB and Market Status
According to CoinMarketCap, the current price of the BNB token is $576.63, with a 3.45% increase over the last 24 hours. The market cap stands at $82.16 billion, and trading volume is $1.97 billion, reflecting a 10.3% rise. Over the past 52 weeks, the highest price for BNB was $644.87, and the lowest was $522.72.
The crypto market displays a positive correction, while Binance continues to gain popularity through new licenses and services, indicating the company's stability and interest in cryptocurrencies.
