Tag "Binance"

Binance and Billionaire Ratanavadi Join Forces for Thailand Beta Launch

Global cryptocurrency exchange Binance is set to launch its operations in Thailand through a partnership with Gulf Energy Development. This joint venture, named Gulf Binance, has been approved by Thailand’s Securities and Exchange Commission (SEC). The agreement for this joint

Read More

Major Crypto Exchanges Vanish from Google Play Store in India

Following the footsteps of Apple Inc. earlier last week, Google has removed several prominent crypto exchanges from its Play Store in India, according to a TechCrunch report. Among the affected crypto firms are Binance, OKX, Kraken, Huobi, Gate.io, Bittrex, and

Read More

Apple Removes Several Offshore Crypto Exchanges From India App Store

Apple Inc. has removed several major offshore crypto exchanges namely Binance, KuCoin, Huobi, Kraken, Gate.io, Bittrex, Bitstamp, MEXC Global, and Bitfinex from its App Store in India. According to CoinDesk, this action follows closely on the heels of compliance notices

Read More

Judge Accepts Guilty Plea from Binance’s Former CEO Changpeng Zhao

Seattle’s U.S. District Court Judge Richard Jones has accepted a guilty plea for money laundering from crypto exchange Binance’s former CEO Changpeng Zhao (CZ). The sentencing for CZ is scheduled for 23 February 2024 where he could face up to

Read More

Binance CEO Teng to Ensure Top Exec Team Remains Intact Amidst Regulatory Scrutiny

Richard Teng, the newly appointed CEO of crypto exchange Binance, emphasised the importance of maintaining the existing core team at the cryptocurrency exchange, in a recent interview with Bloomberg TV. Teng reiterated Binance’s aim to invest heavily in its compliance

Read More

CZ Steps Down as Chairman of Binance.US

Crypto exchange Binance’s founder and former CEO Changpeng Zhao (CZ) is stepping down from his role as Chairman of the Board of Directors at Binance.US. Zhao will retain an economic interest in the company but will no longer participate in

Read More

Richard Teng Pledges Compliance Reform as Binance’s New CEO

Changpeng Zhao (CZ), the founder and former CEO of Binance, currently faces restrictions on leaving the United States, according to a recent report by CoinDesk. This development follows a federal judge’s decision to temporarily suspend part of his bond release,

Read More

Richard Teng Named Binance CEO Amidst CZ’s Criminal Charges, US$4.3B Fine

Richard Teng has been appointed CEO of crypto exchange Binance, following the resignation of Changpeng Zhao (CZ) who pleaded guilty to criminal charges for anti-money laundering and violations of U.S. sanctions. Teng, previously serving as the Global Head of Regional

Read More

SEC Files Emergency Motion to Freeze Binance’s U.S. Assets

The U.S. Securities and Exchange Commission has filed an emergency action application seeking a temporary restraining order to freeze the U.S. assets of cryptocurrency exchange Binance. The SEC said that it wants to ensure that Binance.US customers’ assets are protected

Read More

U.S. SEC Files 13 Charges Against Binance and Changpeng Zhao for ‘Web of Deception’

The U.S. Securities and Exchange Commission has charged crypto exchange Binance and its founder Changpeng Zhao with a variety of securities law violations. The regulator alleged that while Zhao and Binance publicly claimed that U.S. customers were restricted from transacting

Read More