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What's Next for Binance Founder CZ After His Guilty Plea?

Binance founder Changpeng "CZ" Zhao is set to be sentenced in February 2024 after pleading guilty to one charge of violating the Bank Secrecy Act last month. While Zhao's bond originally allowed him to return to the UAE, a federal judge ruled that he cannot leave the U.S. before his sentencing. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De breaks down the details.

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Binance Founder Changpeng 'CZ' Zhao Will Stay in U.S. Until Sentencing, Judge Rules

A federal judge ruled Thursday night that Changpeng "CZ" Zhao, who is the founder and former CEO of Binance, cannot return to the United Arab Emirates before his sentencing. Zhao pleaded guilty to one charge of violating the Bank Secrecy Act last month and is set to be sentenced in February 2024. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De breaks down the latest developments.

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Binance ritira la domanda di licenza per l'Abu Dhabi Investment Fund

Binance ha stabilito che la domanda non era necessaria "quando si valutavano [le sue] esigenze globali". La mossa non è correlata all'accordo legale dell'exchange negli Stati Uniti.

Abu Dhabi (Kamil Rogalinski/Unsplash)

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JPMorgan Chase CEO Bashes Crypto Again; Judge Accepts Binance Founder CZ's Guilty Plea

"CoinDesk Daily" host Jennifer Sanasie discusses the biggest crypto headlines today, including JPMorgan Chase CEO Jamie Dimon telling lawmakers in a hearing examining the U.S. banking industry Wednesday, "I've always been deeply opposed to bitcoin" and "If I was the government, I'd close it down." There are new legal developments for the former CEO of Binance. And, a closer look at India's stance on crypto legislation.

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Binance Settlement Is a 'Major Positive' For the Crypto Market: Bitwise President

Bitcoin (BTC) has jumped from $39,000 earlier this week to $44,000 on Wednesday. The rally comes amid growing optimism around a spot bitcoin ETF approval in the U.S. Bitwise Asset Management President Teddy Fusaro shares his crypto markets outlook, key drivers behind the latest bitcoin rally, and the impact of crypto exchange Binance's $4.3B settlement with the U.S. government.

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Bitcoin Rallies Past $42K; Cristiano Ronaldo Faces Scrutiny Over Binance Endorsement

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest crypto stories of the day, including bitcoin's (BTC) price action as the largest cryptocurrency by market cap rallies to its highest level in more than a year. Plus, a closer look at the places and companies benefitting from bitcoin's latest moves. And, soccer star Cristiano Ronaldo faces a $1 billion class-action lawsuit linked to his commercial relationship with crypto exchange Binance.

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Bitcoin Outlook After Token Rises Roughly 10% in November

"The Crypto Trader" author Glen Goodman discusses his analysis and outlook for bitcoin (BTC) as the cryptocurrency rose about 10% for the month of November. Plus, reacting to Binance paying a $4.3 billion fine for violating money transmission laws and U.S. sanctions, and how the major penalty could impact bitcoin's price.

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SoFi to End Crypto Services; Jack Dorsey's Latest Crypto Moves

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest crypto stories of the day, including the latest developments for Binance as founder and former CEO Changpeng "CZ" Zhao steps down as chairman of the global exchange's U.S. affiliate's board. SoFi tells its crypto customers it is ending crypto services next month. Plus, Jack Dorsey leads a $6M seed funding round for a decentralized bitcoin mining pool.

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Binance.US Announces CZ 'Decided to Step Down' as Board Chairman

Binance.US announced in a post on X (formerly Twitter) Tuesday that Binance founder and former CEO Changpeng Zhao is stepping down from the board of the global exchange's U.S. affiliate. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses the transfer of CZ's voting rights and what this could mean for the future of Binance.US.

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Binance Founder Changpeng 'CZ' Zhao Steps Down From Binance.US Board

Binance founder and former CEO Changpeng "CZ" Zhao is stepping down as chairman of the global exchange's U.S. affiliate's board. A senior Treasury official told reporters that Binance.US was not part of Binance's settlement as it was a registered business. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses what we know so far and the implications for the future of Binance.

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