Buying a bank won’t solve crypto’s debanking issue: Binance CEO
CZ highlighted examples such as regulatory complexity and capital requirements as reasons why he isn’t keen on Binance buying a bank. Go to Source Powered by WPeMatico
Changpeng Zhao
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Binance.US seeking to cut Changpeng Zhao’s majority stake: Report
Changpeng Zhao is the crypto exchange’s founder, majority owner and chair. He is also the CEO and co-founder of the global crypto exchange, Binance. Go to Source Powered by WPeMatico
Binance Announces Lightning Network Withdrawal Implementation Amidst Bitcoin Network Congestion Issues
Binance has announced its intention of implementing Lightning Network, a layer 2 Bitcoin scaling protocol, on its platform after experiencing an episode of congestion regarding withdrawals on the Bitcoin network. The exchange had to pause bitcoin withdrawals twice due to a large backlog of operations stuck as a consequence of high transaction fees. Binance Announces … Read more
Justin Sun issues apology after Sui LaunchPool clashes with Binance CEO
Nearly $4 billion has been staked in Binance’s Sui farming pools in anticipation of the layer -1 blockchain’s airdrop. Go to Source Powered by WPeMatico
‘The war room was despondent’ — Scaramucci recounts FTX collapse at Consensus
The Skybridge founder said that Binance CEO Changpeng Zhao is not to blame for the collapse. Go to Source Powered by WPeMatico
Binance CEO denies $28B wealth: ‘I don’t have anywhere near as much’
According to Bloomberg’s rich list, Binance CEO Changpeng “CZ” Zhao is supposed to be ranked in the top three finance billionaires worldwide. Go to Source Powered by WPeMatico
Spreading misinformation about Changpeng Zhao ‘was the norm’ for SBF, says Binance CSO
Binance chief strategy officer Patrick Hillmann claimed former FTX CEO Sam Bankman-Fried was “constantly” using his platform to disparage CZ without considering the FTX Token sale. Go to Source Powered by WPeMatico
Binance CEO CZ: Regulators need deep understanding crypto for proper rules
Binance CEO Changpeng Zhao emphasizes the need for a proper understanding of the crypto industry by regulators and active engagement by industry players to achieve regulatory clarity. Go to Source Powered by WPeMatico
Report: Binance US Struggles to Secure Banking Partner Amid Regulatory Crackdown on Crypto Industry
Following the collapse of Silvergate Bank, Silicon Valley Bank, and Signature Bank, cryptocurrency companies have been seeking new banking partners in the United States. According to a recent report citing “sources familiar with the matter,” Binance US, the American subsidiary of the cryptocurrency exchange, is having difficulty finding a U.S. banking partner. Unnamed Sources Say … Read more
Binance.US unable to find bank partners in the United States: Report
The United States arm of global crypto exchange Binance has been facing challenges in establishing a new bank partner. Go to Source Powered by WPeMatico
