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Binance
Binance Will Cease Support for Its BUSD Stablecoin on Dec. 15
The exchange announced earlier this year that it would “gradually” end support for the stablecoin.
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.
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.
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.
Philippines Security Regulator Warns Binance Is Operating Without a License
The regulator is also seeking to have the platform blocked in the country.
Binance's Future and Other Questions Post-Settlement
What sort of impact will Binance's massive settlement have?
Coinbase CEO Says Binance Settlement Will Turn the Page on Crypto's 'Bad Actors'
Armstrong said the recent enforcement action against bad actors such as Binance or former crypto exchange FTX could “close the chapter” on that part of crypto’s history.
NFT Platform Blur's Token Jumps Amid Binance Listing and Blast Optimism
BLUR, the native token of NFT platform Blur, surged to a high of 22% last Friday after being listed on Binance's convert feature, which allows Binance customers to buy and sell assets without going through a traditional order book. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."
Changpeng 'CZ' Zhao Steps Down From Binance.US Board
CZ will transfer his voting shares to a proxy, the U.S. affiliate of the global exchange said.
Arthur Hayes: U.S. Treatment of CZ, Binance Is 'Absurd'
Binance and its founder Changpeng "CZ" Zhao have been treated the way they have been in the U.S. because the crypto exchange – and other centralized exchanges – represent a threat to the traditional American-led global financial system, former BitMEX CEO Arthur Hayes argues in a new essay posted on his Substack account. Hodder Law Firm Founder Sasha Hodder weighs in.