Tag Archives: Changpeng Zhao

CoinspeakerBinance Reenters Japanese Market with 34 Tokens With 34 tokens, Binance will offer more coins than any exchange operating in Japan. Binance Reenters Japanese Market with 34 Tokens

CoinspeakerBinance Turns 6: CEO Changpeng Zhao Appreciates Customers in Heartfelt Message  In addition to thanking customers for 6 years of support, CZ also explained highs and lows Binance experienced since the launch in 2017. Binance Turns 6: CEO Changpeng Zhao Appreciates Customers in Heartfelt Message 

CoinspeakerCZ Debunks FUD Surrounding Departure of Executives from Binance Apart from the investigation initiated by the Department of Justice, the SEC sued Binance one month ago for listing unregistered securities, commingling customers' deposits, and flouting KYC rules. CZ Debunks FUD Surrounding Departure of Executives from Binance

Binance.US withdrawals are now fully operational on the exchange, even as it warns users to convert all USD to USDT. Binance.US has announced that users can now resume USD withdrawal, as it has solved the problem. The US arm of the world’s largest crypto agency also said that by working with banking partners, it has almost completely resolved all previously delayed withdrawal requests for USD. However, the exchange warns that this resolution may not be permanent. In an official...

Despite the large amounts being removed, data suggests that Binance remains the exchange with the largest BTC balance. Top crypto exchange Binance has shared its recent move which saw it transfer massive amounts of Bitcoin (BTC) to a new blockchain address. According to the crypto firm, it recently moved at least nine figures worth of BTC but assures users of the safety of their funds. Per Binance, the funds are now safely tucked away in cold storage. Meanwhile, analytic firm...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Binance head Changpeng Zhao has taken to Twitter to warn Justin Sun – the main executive behind crypto firm Tron – against using his own funds to garner the exchange’s new SUI tokens. Zhao to Sun: Your Money’s Not Welcome! Zhao has made it clear that these units are designed more for retail traders and that he...

Ongoing regulatory pressure has created a difficult working terrain for the banking partners of Binance.US. Binance.US has told its customers that they may not be able to buy crypto with their US dollars from June 13. The Thursday announcement follows after the Securities and Exchange Commission (SEC) filed a lawsuit against the exchange and its founder Changpeng Zhao (CZ) on Monday. SEC insists that Binance had violated the country’s securities laws. The exchange, on the other hand, says...

At the time Gensler was offered to be an advisor to Binance, he was teaching at Massachusetts Institute of Technology’s Sloan School of Management. According to the lawyers of Binance and its CEO Changpeng Zhao, SEC chair Gary Gensler was offered to be an advisor to Binance’s parent company in 2019. Interestingly, Gensler has been spearheading the crackdown against the crypto industry over the past year. Binance and other crypto companies are currently under the radar of the US regulator...

The filing by the SEC cites Binance’s operations in Malta with CZ noting that he won’t have to appear in person. As per the lawsuit filed by the US Securities and Exchange Commission (SEC), Binance chief Changpeng Zhao has been summoned to Malta. The SEC has accused the exchange of indulging in shady activities in Malta between 2018 and 2019. Binance chief Zhao cleared the air stating that he won’t need to appear in person to address the summons. “I was told this is just part of the...

The executives at Binance.US believe that reducing Zhao’s stake could help in actually improving the standing in the eyes of the US regulators.  As per the recent development, crypto exchange Binance.US along with its founder Changpeng Zhao is looking at ways to reduce his stake in the company amid a strong crackdown by the United States federal regulatory authorities. Currently, CZ is the majority stakeholder currently in Binance.US, as reported by The Information citing sources familiar...