Binance


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Binance’s Market Share of Crypto Trading Fell to 30% This Year: CCData

According to numbers provided by CCData, Binance's market share so far in December was just 30.1% versus 55% at the start of the year. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

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Policy

Binance P2P Trading Platform Halts Ruble Support Following Russia Exit

Customers are free to withdraw or transfer funds and continue trading via Binance Russia's new owner CommEX, the company said Monday.

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

Finance

Binance’s Market Share of Crypto Trading Tumbled to 30% in 2023

The exchange's monthly spot volume fell to $114 billion in September from nearly $500 billion in January amidst a regulatory crackdown in the U.S.

Binance market share (Michelle Bloom/CoinDesk/CCData)

Videos

Ledger Didn't See Sales Uptick Significantly Following Binance's $4.3B Fine, CEO Says

As a part of CoinDesk's Most Influential 2023, Ledger CEO and Chairman Pascal Gauthier discusses whether crypto hard wallets saw a significant uptick in sales after Binance founder Changpeng "CZ" Zhao pleaded guilty to one charge of violating the Bank Secrecy Act last month and the crypto exchange paid a $4.3 billion fine to settle the allegations. Plus, insights into Ledger's sales following FTX's implosion.

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Bitcoin Barely Flinches After U.S. Jobs Report; Binance Withdraws License Application for Abu Dhabi Investment Fund

"CoinDesk Daily" host Jennifer Sanasie discusses the biggest crypto headlines shaping the industry today, as bitcoin (BTC) is slated to end the week about 14% higher, despite dipping earlier Friday morning after the November jobs report. Cryptocurrency exchange Binance withdrew its bid for an investment-management license in Abu Dhabi, deeming it unnecessary to the company's "global needs." And, there's a new legal wrinkle for former Binance CEO Changpeng Zhao (CZ).

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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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Finance

Binance Withdraws License Application for Abu Dhabi Investment Fund

Binance determined the application was not necessary "when assessing [its] global needs." The move is unrelated to the exchange's legal settlement in the U.S.

Abu Dhabi (Kamil Rogalinski/Unsplash)

Policy

Binance Founder Changpeng 'CZ' Zhao Stuck in U.S. Until Sentencing

Zhao pleaded guilty to a federal charge last month.

Binance founder and former CEO Changpeng Zhao (CoinDesk archives)

Videos

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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