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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.

Nob 29, 2023

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.

Nob 28, 2023

The Giving Block's 2024 crypto market outlook for nonprofits report notes that nonprofit fundraisers can benefit from the crypto market entering a new period of growth. As part of Giving Tuesday, The Giving Block co-founder Pat Duffy shares insights into the state of crypto donations and the impact of increasing regulatory pressure on the industry.

Nob 28, 2023

Bitcoin (BTC) has slipped from 18-month highs seen last week, but many crypto traders remain optimistic about a spot bitcoin ETF approval in the U.S. This comes as the Fed is expected to cut rates by 100 basis points next year, becoming the most dovish among advanced nations' central banks. GSR Markets co-founder and President Rich Rosenblum shares his crypto markets analysis.

Nob 28, 2023

Changpeng "CZ" Zhao, former CEO of Binance, was set to return to the UAE, where his wife and children live, but a district judge stayed this part of his bond release for now. Hodder Law Firm founder Sasha Hodder shares her legal analysis. "I don't think CZ is a particular flight risk, but I certainly see the concern," Hodder said.

Nob 28, 2023

Binance founder Changpeng "CZ" Zhao must remain in the U.S., at least for the moment, as a federal judge considers a U.S. Department of Justice motion that would require him to remain in the country until he is sentenced early next year. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses the details.

Nob 28, 2023

A sentencing hearing has been scheduled for Feb. 23, 2024, at 9 a.m. Pacific Time for former Binance CEO Changpeng "CZ" Zhao. The founder of the world's largest crypto exchange was released from custody on a $175 million personal recognizance bond last week. CoinDesk Deputy Managing Editor Jesse Hamilton discusses the latest developments.

Nob 27, 2023

The U.S. Department of Justice doesn't want Changpeng 'CZ' Zhao locked up until sentencing, but it doesn't want him to leave the United States either, arguing in a new filing that he's a "flight risk that could be managed." CoinDesk Deputy Managing Editor Jesse Hamilton discusses the latest developments.

Nob 27, 2023

Crypto exchange Binance has agreed to pay a settlement of more than $4 billion to multiple federal agencies, after CEO Changpeng 'CZ' Zhao pleaded guilty to charges and stepped down from his role. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses what we know so far and what this means for the future of Binance.

Nob 22, 2023

Binance and its now former CEO Changpeng 'CZ' Zhao pleaded guilty Tuesday to anti-money laundering and U.S. sanctions violations in a settlement with the U.S. government. Haynes Boone Partner Kit Addleman weighs in on whether the world's largest crypto exchange can bounce back from this.

Nob 22, 2023