Crypto Exchanges
Binance Hands Rising Star Teng Key Role to Replace CEO Zhao at Largest Crypto Exchange
Taking an expanded role overseeing regional markets outside the U.S., former regulator Richard Teng wants to demonstrate Binance is “a new organization.”

Crypto Exchange CoinZoom Suspending New Russia-Based Accounts: Report
Existing account holders in Russia won’t be blocked although they will still be screened against sanctions lists, CoinZoom’s CEO said.

Crypto Exchange Bitpanda Raises $263M at $4.1B Valuation
Crowned Austria’s first tech unicorn in March, the firm is now worth even more.

Shenzhen PBoC Launches Crypto Trading 'Clean-Up': Report
China's central bank vowed earlier in August to keep high pressure on crypto trading.

Korean Crypto Exchanges Paid $14.7M to Banks for Name Verification Services: Report
Exchanges have to set up partnerships with banks for real-name verification by Sept. 24.

Colombia's First Commercial Bank Will Let Users Transfer Money to Crypto Exchange
Banco de Bogotá will allow money transfers with crypto exchange Buda.com as part of a pilot program in August.

FTX US Affiliate Sees Record Daily Trading Volume in First Half of 2021
Daily volume hit its all-time high on April 22 when $993 million was traded during a 24-hour period.

Binance's CZ Is Looking for His Replacement as Exchange Gets Regulatory House in Order
“We are looking for someone with a strong regulatory background to step in and be CEO,” Changpeng Zhao said at a press conference Tuesday.

Brazilian Police Seize $33M in Crypto Money Laundering Probe
The Brazilian judiciary authorized freezing accounts and taking assets from two individuals and 17 companies.

FTX Crypto Exchange Valued at $18B in $900M Funding Round
Sam Bankman-Fried's exchange is bringing on the largest funding round in crypto history to fuel expansion.
