Big Moves at Binance: What’s Making Waves in April 2025
Binance, the world’s largest cryptocurrency exchange, is once again in the spotlight. From global legal challenges to major platform disruptions, April 2025 is proving to be a pivotal month for crypto enthusiasts watching Binance closely.
1. AWS Outage Temporarily Disrupts Binance Withdrawals
On April 15th, a network issue in Amazon Web Services’ Tokyo data center disrupted Binance services, causing a temporary pause in withdrawals. The issue lasted about 23 minutes but sent a wave of concern through the global crypto community.
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2. Nigeria Takes Legal Action Against Binance
The Nigerian government has accused Binance of tax evasion amounting to $2 billion, claiming the exchange caused a $79.5 billion impact on the country’s economy. Court proceedings are ongoing, with the next hearing set for April 30, 2025.
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3. Talks With Trump-Backed Crypto Firm in the Works
Binance is reportedly in negotiation with "World Liberty Financial," a crypto company linked to Donald Trump. The company has asked U.S. regulators to ease oversight to finalize this potential partnership.
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4. Delisting of 12 Trading Pairs
In a move to maintain liquidity and performance, Binance removed 12 trading pairs in January, including BNX/BTC and CHZ/FDUSD. This is part of Binance’s regular market optimization strategy.
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5. Bitcoin to Reach New Heights in 2025?
According to Binance CEO Richard Teng, the crypto market is poised for a massive bull run in 2025. Improved regulations and institutional adoption could push Bitcoin and other cryptocurrencies to all-time highs.
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