Fri, March 29

Prosecutors Seek to Bar Binance Ex-CEO CZ from Leaving U.S

According to a court petition made by federal prosecutors on Wednesday, Changpeng Zhao (CZ), the former CEO of Binance, cannot be permitted to leave the U.S. until his February sentencing on one allegation of infringing the Bank Secrecy Act. Along with Binance’s guilty plea to numerous criminal and civil charges

November 23, 2023 2 mins read

JPMorgan Commends Binance’s $4.3 Billion Settlement

According to JPMorgan, the latest agreement between Binance and U.S. regulators bodes well. Binance’s protracted legal struggle has finally come to a close, and it’s being hailed as a major victory for the cryptocurrency sector as a whole. For the crypto behemoth and its investors, this means less uncertainty moving

November 22, 2023 2 mins read

US Crackdown on Binance Makes CEO Resign

The cryptocurrency industry faces another major setback as Changpeng Zhao (CZ), the founder and CEO of Binance, has stepped down and pleaded guilty to breaking US anti-money laundering laws. Further, CZ agreed to the $4.3 billion settlement, which is one of the largest corporate penalties in US history, including a

November 22, 2023 3 mins read

Binance CEO Pleads Guilty, Settles DOJ Case at $4.3 Billion

According to a WSJ article, Binance CEO Changpeng Zhao (CZ) has decided to resign ahead of the DOJ’s announcement that it had settled with the cryptocurrency exchange for $4.3 billion. The WSJ reports that CZ plans to enter guilty pleas on many offenses brought by the Department of Justice. The

November 21, 2023 2 mins read

U.S DOJ Reportedly Seeks $4B Settlement in Ongoing Binance Probe

According to a report from Bloomberg citing persons involved with the talks on November 20th, the US Department of Justice (DOJ) seeks payment for more than $4 billion from Binance Holdings as part of a possible settlement of a years-long probe. Any decision to the inquiry into the corporation, and

November 20, 2023 1 min read

Binance and Gulf Energy Set to Launch Crypto Exchange in Thailand

In early 2024, Binance and Gulf Energy Development, a major energy provider in Thailand, will launch a cryptocurrency exchange in the nation. According to a filing made by Gulf Energy on the Stock Exchange of Thailand on November 15th, the Gulf Binance initiative would launch privately at first and then

November 16, 2023 2 mins read

Binance Japan Announces Addition of 13 New Tokens to Platform

Binance Japan recently revealed the inclusion of 13 new tokens to its platform for Japanese users. The token count at the exchange will rise to 47 after this modification, which is scheduled for November 27. Many well-known protocols, such as Near Protocol (NEAR), Optimism (OP), and Arbitrum (ARB), have been

November 15, 2023 2 mins read

Binance Validates 649 User Proposals Emphasizing User-Centric Development

Binance has announced the launching of many new and improved features throughout its product suite in the months of September and October. Binance is the global blockchain ecosystem powering the biggest cryptocurrency exchange by trading volume. These changes are a part of Binance’s larger objective to provide the greatest platform user experience.

November 14, 2023 4 mins read

Market Update: On-ground Crypto Scenario in Turkey

An overview of Turkey’s cryptocurrency scene and significant insights from Binance Blockchain Week are included in the report. Turkey has a reasonably high degree of crypto adoption, with over 40% of population having exposure to crypto. Cryptocurrency is a very popular asset class among investors. 66% of investors questioned say

November 10, 2023 1 min read