CZ will transfer his voting shares to a proxy, the U.S. affiliate of the global exchange said.Binance founder and former CEO Changpeng 'CZ" Zhao is stepping down as chairman of the...
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For crypto, November has been the cruelest month.Things got started with a blast Nov. 2, when scam artist Sam Bankman-Fried was convicted on seven fraud and conspiracy counts relat...
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The Wall Street Journal reports that US SEC wants to prove Binance and founder Changpeng Zhao committed an FTX-style fraud.The financial regulator keeps pressing for evidence of po...
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A federal judge temporarily blocked Changpeng Zhao, the founder of crypto exchange Binance, from leaving the U.S.A judge still needs to decide whether Zhao will be required to rema...
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Despite growing excitement that spot bitcoin exchange-traded funds (ETFs) will soon win regulatory approval, some cryptocurrency ETF pioneers plan to sit out what is expected to be...
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Spanish residents holding cryptocurrencies on foreign platforms will soon be required to report those assets under recently published tax guidelines.The Spanish Tax Administration...
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Private cryptocurrencies lacking inherent value will likely fade away in the long run, predicted Singapore central banker Ravi Menon at a panel discussion today hosted by the Hong...
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In August, PayPal said it would introduce its own U.S. dollar-pegged stablecoin, PayPal USD. PayPal (PYPL) received a subpoena from the U.S. Securities and Exchange Commission (SEC...
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The U.S. derivatives regulator proposed a new rule for how regulated firms should invest clients' funds, but a CFTC commissioner pointed out it doesn't address LedgerX. The U.S. Co...
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