Binance, a privately owned company headquartered in Japan, was founded in 2017 and employs approximately 10,080 individuals. Specializing in financial services, the company functions as a blockchain and cryptocurrency infrastructure provider.
On July 28, 2025, a new payment system was announced that offers near-instant settlement, seamless international transactions, and transaction fee savings of up to 90%. On August 4, 2025, Apirone, a cryptocurrency payment processor, announced plans to add support for Binance Coin (BNB) in the fourth quarter of 2025. September 10, 2025, saw the announcement that AEON Pay, a Web3 mobile payment solution, is now available as a dAPP within Binance Wallet. Finally, the CBC Summit, focusing on crypto banking compliance and stablecoins, will take place September 18, 2025, in Washington D.C.