Binance


Markets

Binance CEO Richard Teng Sees Bitcoin Crossing $80K by Year End

Richard Teng replaced Binance founder Changpeng Zhao (CZ) as the new CEO of the crypto exchange in November 2023 after the latter resigned as part of a $4.3 billion settlement with U.S. authorities.

Binance CEO Richard Teng in an interview at the Financial Times'  Crypto and Digital Assets Summit in London. (CoinDesk/Lyllah Ledesma)

Policy

Nigeria's SEC Proposes 400% Increase to Crypto Firm Registration Fees

The regulator proposed increases to all supervision fees as the government blamed crypto for recent economic woes.

Lagos, Nigeria (Nupo Deyon Daniel/Unsplash)

Finance

Binance Spun Off Venture Capital Arm Earlier This Year

Binance Labs says it is "an independent venture and not part of the Binance Group."

Two large stacked blocks displaying Binance's logo at a trade show.

Policy

Detained Binance Executives to Remain in Nigerian Custody Until Hearing: WSJ

The two men were arrested on Feb. 26 after arriving in Abuja to meet with Nigerian leaders who accused the crypto exchange of crashing the country’s currency, the naira.

Tigran Gambaryan, Binance's head of crime compliance, is one of two executives detained in Nigeria. (Shutterstock/Consensus)

Policy

Binance-Nigeria Brawl Continues as Country Asks Exchange to Submit List of Top 100 Users

Nigeria is also demanding all transaction history spanning the past six months from Binance.

Lagos, Nigeria (Nupo Deyon Daniel/Unsplash)

Policy

How an Appeals Court Ruled on an Aspiring Class-Action Lawsuit Against Binance

The exchange must face a lawsuit, an appeals court ruled. The SEC is all over it.

(Nikhilesh De/CoinDesk)

Videos

El Salvador Bags Major Bitcoin Gains; Hong Kong's Stablecoin Push

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, including El Salvador's major gains from the recent bitcoin (BTC) rally. The Central American nation is sitting on $84 million in unrealized profit on the holdings it first started acquiring in September 2021. Plus, the Binance saga continues in Nigeria, and Hong Kong starts a regulatory sandbox for potential stablecoin issuers.

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Policy

Nigeria Invited, Then Detained Binance’s Compliance Head and Africa Manager for Two Weeks: Reports

"We are working collaboratively with Nigerian authorities to bring Nadeem and Tigran back home safely to their families,” a Binance spokesperson told CoinDesk.

Binance Logo (Danny Nelson/CoinDesk)

Policy

Appeals Court Revives Aspiring Class Action Lawsuit Against Binance

The ruling doesn't have any implications on whether certain crypto tokens are securities.

Two large stacked blocks displaying Binance's logo at a trade show.

Markets

'Groundhog Day' in Crypto as Bitcoin Again Plunges Following New Record

The world's largest crypto briefly rose above $70,000 Friday, but immediately tumbled about 5% to below $67,000.

Groundhog Day advertisement (Photo by Ethan Miller/Getty Images)