Changpeng Zhao (CZ) is the founder and CEO of one of the largest cryptocurrency exchanges, Binance. Known in the crypto community as CZ. In an interview with Bloomberg in April 2021, Changpeng said that “Binance probably has the most exchange licenses worldwide.”
Concern about Binance is spreading. Rumor has it that management is fleeing the company. The background to this is regulatory conflicts that are constantly increasing. The management staff is dissatisfied with the reaction of the managing director CZ and is therefore now pulling the ripcord. Those affected deny the thesis. Binance: Is management fleeing the company? Is the management…
It is a hard blow for the world’s largest crypto exchange Binance: According to exclusive information from “Finance FWD”, the German financial regulator BaFin has denied the company the coveted license. A refusal that significantly slows down the company’s expansion plans in Germany. No BaFin license for Binance in Germany Jonas Jiinger, who took over as…
Binance reaches settlement with SEC. Binance.US assets will not be frozen. Nevertheless, the damage to the marketplace is already enormous. The company believes that this did not happen by accident. The lawsuit of the US authority has not yet been dismissed. The company reaches settlement with SEC The crypto exchange reaches an agreement with the US Securities and Exchange Commission. The…
A number of senior executives tasked with driving Binance European business have left the company in recent months, according to a report by financial magazine FFWD . The world’s largest crypto exchange is currently in the sights of the American financial regulator SEC because of allegations that customer funds were mixed with their own funds. Binance: European top…
The US authority CFTC files a lawsuit against Binance. The world’s largest crypto exchange is accused of eight different charges. These include systemic insider trading and the targeted circumvention of anti-money laundering and anti-terrorism measures. CFTC files lawsuit against Binance The Commodity Futures Trading Commission (CFTC) is filing a lawsuit against Binance , a public document shows. The subject of the legal…
Binance cryptocurrency exchange has announced hiring two IRS special agents to ramp up its compliance efforts as it navigates complex regulatory issues in a still-evolving industry. Last Thursday, September 30, Binance announced that it has named former IRS special agent Tigran Gambaryan as the vice president of Global intelligence and investigations. Besides that, Binance also disclosed that…