Binance Expands Crypto Offerings with Sharia-Compliant Staking Service
Binance has launched a new Sharia-compliant Earn service, catering to Muslim investors looking for cryptocurrency staking opportunities that comply with Islamic finance principles. Certified by Amanie Advisors, this innovative product is now accessible to Binance's 275 million users worldwide. The service differentiates itself from conventional staking products by strictly adhering to Islamic financial models, reflecting Binance's dedication to faith-based financial solutions. This move underscores the exchange's commitment to inclusivity and expanding its global footprint in the crypto space.
Binance Launches Sharia-Compliant Crypto Staking Service
Binance has introduced a new Sharia-compliant Earn service, targeting Muslim investors seeking crypto staking opportunities that align with Islamic finance principles. The product, certified by Amanie Advisors, will be available to Binance's 275 million global users.
The service distinguishes itself from traditional staking products by adhering to Islamic financial models. Binance emphasizes its commitment to developing faith-based solutions, though the announcement leaves unanswered questions about which specific cryptocurrencies received Sharia certification.
Binance Temporarily Suspends Vana Network Transactions for Critical Upgrade
Binance, the world's largest cryptocurrency exchange by trading volume, has announced a temporary suspension of deposits and withdrawals for the Vana (VANA) network. The pause, effective July 14, 2025 at 18:00 TRT, facilitates a network upgrade and hard fork expected at block height 4,009,180 around 19:00 TRT.
Trading of VANA altcoin pairs will remain operational throughout the maintenance window. The exchange has committed to handling all technical aspects of the upgrade, requiring no action from users. Asset security remains unaffected during the process.
Network upgrades represent crucial infrastructure improvements in blockchain ecosystems. Binance's proactive management of this event demonstrates the exchange's capability to minimize user disruption during such technical milestones. The resumption of services will occur automatically once network stability is confirmed post-upgrade.