Changpeng Zhao News

Crypto exchange giant Binance confirmed to Cryptonews on Monday, that the company’s global head of product, Mayur Kamat, has resigned, amid a mass exodus of executives and job cuts within the company.

Cryptocurrency exchange Binance continues to lose some of its key executives amid increasing scrutiny of the platform from regulators around the world.

Binance CEO Changpeng Zhao believes decentralized finance (DeFi) can outshine centralized finance (CeFi) during the upcoming bull run. 

The security team at Binance has helped recover a portion of the funds crypto influencer NFT God had lost in an exploit earlier this year. 

Binance is reportedly considering a complete withdrawal from the Russian market amid growing Western sanctions on the country. 

Binance is facing criticism for its alleged involvement in facilitating transfers to and from blacklisted Russian lenders. 

Crypto exchange Binance is considering legal action against its former payment provider Checkout.com, a spokesperson for Binance told Cointelegraph on Aug. 18.

Binance, the world's largest cryptocurrency exchange, has become the first fully licensed crypto exchange in El Salvador. 

Binance users traded $90 billion of cryptocurrency related assets in a single month in China, where cryptocurrency trading has been illegal since 2021, the Wall Street Journal reported on Tuesday citing internal figures and current and former employees of the exchange. The transactions made China Binance's biggest market by far, accounting for 20% of volume worldwide, excluding trades made by a subset of very large traders, the WSJ said. The newspaper did not specify the month during which the transactions were made. Binance's origins lie in China, though the world's largest crypto exchange withdrew from mainland China in 2017 during a regulatory crackdown. It did not immediately respond to a Reuters request for a comment on the Journal report. «The Binance.com website is blocked in China and is not accessible to China-based users,» a company spokesman told the WSJ.

The US Department of Justice (DoJ) is mulling whether to press fraud charges against Binance, as per a Semafor report.

Binance CEO Changpeng “CZ” Zhao warned his followers on X — formerly Twitter — about a tricky and increasingly popular scam targeting the crypto community in which fake wallet addresses are used to defraud users during transactions.

Binance CEO Changpeng ‘CZ’ Zhao is looking to bring smaller algorithmic stablecoins to the market, in a bid to offer investors options other than the current global stablecoin giants.

The German Federal Financial Supervisory Authority, or BaFin, reportedly advised crypto exchange Binance to withdraw its licensing application based on concerns with CEO Changpeng Zhao (CZ) and the firm’s structuring.

Binance Holdings Ltd., operator of the world’s largest crypto exchange, and its co-founder Changpeng Zhao asked a US federal judge to dismiss a lawsuit filed by the Commodity Futures Trading Commission. 

Binance has withdrawn its cryptocurrency custody license application in Germany. The exchange confirmed its withdrawal to Cointelegraph on July 26, nearly a month after reports of rejections from The German Federal Financial Supervisory Authority (BaFin).

Binance and its CEO and founder Changpeng Zhao are planning to seek dismissal of a Commodity Futures Trading Commission (CFTC) complaint accusing the crypto exchange of violating the Commodity Exchange Act and certain related federal regulations. Binance is due to submit its response to the CFTC complaint on July 27 and plans to seek dismissal, according to a court filing on Monday. The CFTC in March sued Binance, the world's biggest crypto exchange, and Zhao for operating what the regulator alleged was an «illegal» exchange and a «sham» compliance program. In its complaint, the CFTC said that from at least July 2019 to the present, Binance «offered and executed commodity derivatives transactions on behalf of U.S. persons» in violation of U.S. laws.

Binance revealed that it is finally ready to roll out its full services on its recently-launched subsidiary platform in Japan. 

Binance, and its chief executive officer and founder Changpeng Zhao are planning to seek dismissal of a Commodity Futures Trading Commission (CFTC) complaint accusing the exchange of violating the Commodity Exchange Act and certain related federal regulations. Binance is due to submit its response to the CFTC complaint on July 27 and plans to seek dismissal, according to a court filing on Monday.

Binance, the world's biggest crypto exchange, billionaire founder Changpeng Zhao – CZ – and the exchange’s former compliance chief Samuel Lim have intended to file two motions to dismiss a complaint from the Commodity Futures Trading Commission (CFTC).

(Reuters) -Binance and its CEO and founder Changpeng Zhao are planning to seek dismissal of a Commodity Futures Trading Commission (CFTC) complaint accusing the crypto exchange of violating the Commodity Exchange Act and certain related federal regulations.

Crypto exchange Binance and its CEO Changpeng "CZ" Zhao are planning to file a motion to dismiss a March-filed lawsuit from the United States commodities regulator.