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Tag Archives: binance cz

Binance CEO Implores Better Understanding of Digital Assets for More Clarity in Formulating Crypto Regulations

At a Hong Kong media event, the Binance CEO stressed the importance of all-round active engagement in creating effective crypto regulations. Binance CEO Changpeng “CZ” Zhao recently weighed in on the formation of crypto regulations as a guiding principle over the digital asset class. According to Zhao, regulators need a deep understanding of digital currencies to formulate proper rules for effective oversight. The Binance CEO also added that regulatory clarity can only be reached via...

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Financial Times Alleges Binance-China Link

Following the disclosure, there are questions concerning how compliant the exchange has been with regulations. The Financial Times has reported the possible existence of a Binance-China link. FT cited it was in the possession of some internal documents belonging to Binance.  FT noted that these documents contradict past claims by various Binance executives, including Changpeng Zhao. In one such claim, CZ hit back at critics who accused Binance of being state-sponsored. CZ noted that...

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Binance CEO CZ Issues Response to CFTC Complaint, Disagrees with Several Issues Alleged

CZ recently rebuffed the CFTC complaint calling for a permanent US injunction against Binance and its executives. Binance CEO Changpeng ‘CZ’ Zhao has responded to the Commodity Futures Trading Commission (CFTC) complaint against the exchange. Responding to the federal agency’s call for a US injunction against Binance, CZ raised several issues alleged in the complaint. CZ also said that the CFTC filed the “unexpected and disappointing civil” complaint despite Binance’s prior cooperation...

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