The US Securities and Exchange Commission’s (SEC) recent regulatory initiatives have compounded concerns about the long-term sustainability of cryptocurrencies. The SEC’s legal charges against Coinbase and Binance, two prominent cryptocurrency exchanges, are a worrying trend. The SEC’s action against Coinbase, situated in San Francisco, is a landmark event in the
Binance, the world’s largest crypto exchange, has faced a lawsuit by the U.S. Securities and Exchange Commission (SEC). The SEC accused the crypto exchange Binance and its CEO, Changpeng Zhao, of selling unregistered securities. However, the exchange has received a lot of support from the crypto community to stand against
SEC Chair Gary Gensler expressed his view that the United States does not require additional digital currency. This statement came alongside the SEC’s legal actions against Binance and Coinbase for allegedly operating unregistered securities exchanges. During an interview with CNBC, Gensler refuted allegations that his approach was creating ambiguity regarding
In a major legal development, the Securities and Exchange Commission (SEC) has filed a lawsuit against Binance, one of the world’s largest cryptocurrency exchanges. The SEC complaint specifically identifies ten tokens, including popular cryptocurrencies such as SOL, ADA, MATIC, FIL, ATOM, SAND, MANA, ALGO, AXS, and COTI, as unregistered crypto
Recent reports from Bloomberg have generated speculation regarding the potential appointment of Richard Teng as the CEO of the global crypto exchange Binance. Richard Teng, who has recently been appointed as the regional head for all Binance markets outside the United States, has seen his name linked to the CEO
Changpeng Zhao (CZ), CEO of the world’s largest crypto exchange, Binance, conducted an AMA session on Twitter. He provided insights into some of Binance’s initiatives, such as the lightning network and the presence of the exchange in Dubai. On March 31, Binance CEO CZ conducted an AMA session on Twitter.
Binance CEO Changpeng Zhao (CZ) recently had a “ask me anything” session in which he answered questions about his day, the future of Web3 in Dubai, and Binance’s plans. Binance, the largest cryptocurrency exchange in the world, has no interest in or plans to enter the cryptocurrency mining industry. The
Peter Schiff, a vocal critic of cryptocurrencies and supporter of gold, had his account hacked and used to promote what looks to be a fraudulent gold coin scheme. Peter Schiff’s son, Spencer, warned his father’s followers that the URL in the Tweet is “most certainly” hacked. Spencer has a more
Binance CEO Changpeng Zhao (CZ) addressed rumors of layoffs at the cryptocurrency exchange. In response to the speculation about layoffs, CZ labelled it as “4” and said, “another day, another FUD.” According to independent crypto reporter Colin Wu, next month will see 20% of staff cuts at the world’s largest
Binance, the largest cryptocurrency exchange in the world, has decided to restrict trade in many privacy currencies, including Monero (XMR), Zcash (ZEC), and Dash (DASH), in France. Emails sent to French customers translate to “local regulatory requirements” as the reason the exchange disabled trading of crypto assets in France. According
