2000 Mathematics Subject Classification: Primary 81R50, 16W50, 16S36, 16S37.Let k be a field and X be a set of n elements. We introduce and study a class of quadratic k-algebras called quantum binomial algebras. Our main result shows that such an algebra A defines a solution of the classical Yang-Baxter equation (YBE), if and only if its Koszul dual A! is Frobenius of dimension n, with a regular socle and for each x, y ∈ X an equality of the type xyy = αzzt, where α ∈ k {0, and z, t ∈ X is satisfied...