Binance


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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Policy

CZ's Guilty Plea Accepted by Judge, Has Yet to Decide If Binance Founder Can Go Home

Changpeng Zhao pleaded guilty to violating the Bank Secrecy Act last month.

Changpeng Zhao speaking at Consensus 2022. (Shutterstock/CoinDesk)

Videos

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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Finance

This Bitcoin Rally Feels Different. FOMO and YOLO Seem to Be Back

BTC just touched $45,000 days after topping $40,000 for the first time since early last year – and crypto-skeptics are taking another look.

Is bitcoin going to the moon again? (NASA)

Markets

Tiny Euro-Pegged Stablecoin Surges 200% on Binance Before Exchange Halts Trading Due to 'Abnormal Volatility'

The AEUR-USDT trading pair hit a $3.25 high Tuesday afternoon before Binance suspended trading with the token.

Binance halted trading with the AEUR-USDT pair one day after listing (Binance)

Finance

New Binance CEO Evasive in First Marquee Interview Since Getting One of the Biggest Jobs in Crypto

Richard Teng, who just took over from founder Changpeng "CZ" Zhao amid a $4.3 billion legal settlement, didn't give specific answers to simple questions asked by the moderator when asked where the exchange is headquartered or who the exchange's auditor is.

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

Policy

Binance's Multi-Billion CFTC Penalty Was 'Heightened,' Says Commissioner Kristin Johnson

Johnson clarified that the agency sued the crypto exchange because it "simply failed to comply with regulation," and didn't accuse it of misconduct.

CFTC Commissioner Kristin Johnson speaking at the FT Crypto Winter event (Jamie Crawley/CoinDesk)

Videos

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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