CZ

Binance, the world’s largest crypto exchange by trading volume, is reducing the maximum leverage users can use to trade futures contracts. CEO Changpeng Zhao tweeted Monday the new limit is 20 times leverage, down from 100 times, a day after derivatives exchange FTX announced a similar change. Is this part of a broader effort by Binance to help avoid the worst of a future regulatory storm?

Jul 26, 2021

Binance, the world’s largest crypto exchange by trading volume, is reducing the maximum leverage users can use to trade futures contracts. CEO Changpeng Zhao tweeted Monday the new limit is 20 times leverage, down from 100 times, a day after derivatives exchange FTX announced a similar change.

Jul 26, 2021

Binance CEO Changpeng “CZ” Zhao has likened the recent regulatory pressures against his exchange company to that of the initial development of the car. “Compliance is a journey, especially in new sectors like crypto,” CZ said in an open letter published Wednesday, noting the uncertainty of the crypto industry.

Jul 7, 2021

CoinDesk’s Nikhilesh De unpacks the latest story in the ongoing Binance saga. In an open letter on Wednesday, Binance CEO Changpeng “CZ” Zhao described how the crypto exchange has evolved over the past four years, the current regulatory environment and its approach for the future.

Jul 7, 2021

During a keynote discussion at Consensus 2021, Binance founder & CEO Changpeng ‘CZ’ Zhao talks about the importance of freedom and competition within the cryptocurrency space.

May 28, 2021

Several governments have tried to ban bitcoin outright, and others, including China, have made threats and enacted policies that make it difficult for crypto companies to operate, but can bitcoin really be killed? According to Binance CEO Changpeng "CZ" Zhao, it's too late. "The Hash" panel weighs in.

May 28, 2021

The Binance cryptocurrency exchange is reportedly under investigation by the DOJ and IRS, but founder and CEO Changpeng Zhao says the headlines sound more dramatic than the story actually is. CoinDesk’s Nikhilesh De breaks down what we know about the investigations so far. Plus, why will it take Coinbase six weeks to list dogecoin (DOGE)?

May 14, 2021

Crypto exchange Binance has launched tradeable stock tokens, starting with electric car manufacturer Tesla. “The Hash” panel breaks down what a tokenized or “synthetic” stock is and how trading them works.

Apr 12, 2021

The CFTC is reportedly probing Binance for allowing U.S. users to buy and sell derivatives. "The Hash" panel discusses the potential significance and impact of the news as well as the timing around Binance's announcement that former ambassador and senator Max Baucus is joining the world's largest crypto exchange as an adviser.

Mar 12, 2021

Binance CEO Changpeng "CZ" Zhao joins "First Mover" to discuss the latest Binance news. Why the push into DeFi with the "smart chain" exchange? Plus, CZ shares his insights on current market trends including the NFT boom, the rising price of BTC, Coinbase's valuation and whether he plans to take Binance public.

Mar 11, 2021