Binance announced that AEUR has been added to its instant exchange platform. Users can now exchange AEUR for BTC, USDT, or other supported tokens on the instant exchange platform.

According to recent community feedback, Binance will reopen the withdrawal services for the following 12 delisted tokens from December 5th, 2023 08:00 to December 26th, 2023 07:59 (UTC+8). After December 26th, 2023 07:59 (UTC+8), Binance will no longer support withdrawal services for these delisted tokens. Users can still view their remaining token balances (if applicable) in their Binance wallets.

According to an official announcement, Binance will launch a new stablecoin called Anchored Coins EUR (AEUR) on December 4, 2023 at 18:00 (GMT+8) and open spot trading pairs. To celebrate the launch of AEUR trading pairs, Binance will offer two zero fee promotions.

Richard Teng, the new CEO of Binance, said in an interview that Binance's explosive growth led to compliance failures. He said: "There were gaps in compliance when we established the company in the early days. This led to all these violations and mistakes, but these are all historical issues." Teng insisted that the company always ensures the integrity and security of its users' funds and is "sacrosanct."

Richard Teng, the newly appointed CEO of Binance, is excited to lead the world's largest cryptocurrency exchange despite the recent $4.3 billion settlement with the US Justice Department. Teng admits that compliance gaps during Binance's early growth led to the violations resulting in the settlement, but assures that user funds, security, and safety have always been a top priority. Binance is now focused on compliance and has invested in hiring regulatory experts to navigate requirements in different jurisdictions. Binance has also established regional headquarters in the UAE and France, with the UAE being an attractive location due to its clear regulations and institutional adoption.

According to Pet Berisha, author of the current affairs newsletter "Sporting Crypto," Binance's partnership with sports partners, including Cristiano Ronaldo, is likely to continue because Binance's transactions may be secure and unlike FTX, the exchange still has the ability to pay and fulfill its payment obligations. Football star Cristiano Ronaldo is facing a class action lawsuit in Florida for allegedly engaging in "deceptive and illegal" promotion of Binance, but he seems unconcerned and posted on X on November 28 that he is "brewing some content" with Binance.

Richard Teng, the new CEO of Binance, posted on social media that he was asked by attendees to take a photo of his hand making the gesture for "4" during a recent AMA event. However, Richard Teng stated that he needed to have something of his own, so he took a photo of his hand making the gesture for "3", representing the three commitments he will make as the CEO of Binance: 1. Always putting users first; 2. Cooperating with regulatory agencies to maintain standards; 3. Working with partners to develop Web3. Richard Teng also added that the "3" gesture actually represents W (win), V (victory), and L (love).

According to Coinglass data, the balance of Bitcoin wallets on Binance has fallen below 500,000 BTC to 499,909.29 BTC. In the past 7 days, it has decreased by more than 9,340 BTC, and in the past 30 days, it has decreased by 38,337.54 BTC. Bitfinex and Gemini were the exchanges with the most significant increase in Bitcoin wallet balances in the past 30 days, with an increase of 12,269.47 BTC and 10,989.97 BTC, respectively.

Cristiano Ronaldo is facing a class-action lawsuit worth $1 billion in relation to his commercial partnership with cryptocurrency exchange Binance. The lawsuit, filed in a Miami court, alleges that Ronaldo promoted and participated in the sale of unregistered securities with Binance. The lawsuit is seeking to represent consumers who purchased unregistered securities from Binance, and Ronaldo is accused of soliciting investments in unregistered securities by encouraging his millions of followers to invest with the platform. The lawsuit adds to a growing list of legal issues for Binance, including a recent $4.3 billion settlement with US prosecutors.

Kaiko research analyst Riyad Carey stated that after Binance reached a $4 billion settlement with US authorities last week, its competitors Coinbase and Bybit became the main beneficiaries. Carey said that Coinbase's stock price had already performed well in November, and the Binance settlement agreement pushed COIN's performance up by more than 75% that month. Carey added that in terms of market share after the settlement agreement was announced, Bybit was the "direct outstanding winner" for Bitcoin, as it has the highest trading volume for non-stablecoins. Binance's market share temporarily dropped by 4% at times, while Bybit rose by 50% and Coinbase rose by 34%.