Changpeng Zhao
Binance to Cut Leverage Limit to 20x, a Day After FTX Announces the Same
Binance, the world’s largest crypto exchange by trading volume, is reducing the maximum leverage users can use to trade futures contracts. CEO Changpeng Zhao tweeted Monday the new limit is 20 times leverage, down from 100 times, a day after derivatives exchange FTX announced a similar change. Is this part of a broader effort by Binance to help avoid the worst of a future regulatory storm?
Binance to Cut Leverage Limit to 20x, a Day After FTX Announces the Same
Binance, the world’s largest crypto exchange by trading volume, is reducing the maximum leverage users can use to trade futures contracts. CEO Changpeng Zhao tweeted Monday the new limit is 20 times leverage, down from 100 times, a day after derivatives exchange FTX announced a similar change.
Binance CEO CZ Says ‘Compliance Is a Journey’ as Regulators Hit the Breaks
Binance CEO Changpeng “CZ” Zhao has likened the recent regulatory pressures against his exchange company to that of the initial development of the car. “Compliance is a journey, especially in new sectors like crypto,” CZ said in an open letter published Wednesday, noting the uncertainty of the crypto industry.
Binance's CZ on Bitcoin: 'I Don't Think Anyone Can Shut it Down Now'
Several governments have tried to ban bitcoin outright, and others, including China, have made threats and enacted policies that make it difficult for crypto companies to operate, but can bitcoin really be killed? According to Binance CEO Changpeng "CZ" Zhao, it's too late. "The Hash" panel weighs in.
Binance CEO Downplays Reports of Money-Laundering Investigation
The Binance cryptocurrency exchange is reportedly under investigation by the DOJ and IRS, but founder and CEO Changpeng Zhao says the headlines sound more dramatic than the story actually is. CoinDesk’s Nikhilesh De breaks down what we know about the investigations so far. Plus, why will it take Coinbase six weeks to list dogecoin (DOGE)?
Binance CEO: 'From My Perspective, We're Still in the Dip'
Binance CEO Changpeng "CZ" Zhao joins "First Mover" to discuss the latest Binance news. Why the push into DeFi with the "smart chain" exchange? Plus, CZ shares his insights on current market trends including the NFT boom, the rising price of BTC, Coinbase's valuation and whether he plans to take Binance public.
Binance’s CZ: Binance Smart Chain Is ‘Not Trying to Be the Ethereum Killer’
Binance CEO Changpeng “CZ” Zhao explains why the world’s largest cryptocurrency exchange is tapping into the decentralized finance (DeFi) trend with Binance Smart Chain. He also tells CoinDesk reporter Muyao Shen why he doesn’t view Ethereum as competition.
Binance CEO CZ: ‘I’m Never Worried About the Business Model’
Binance CEO Changpeng “CZ” Zhao discusses what he he does worry about when it comes to growing the business. In an interview with CoinDesk reporter Muyao Shen, CZ also explains why he’s bullish for decentralized finance or “DeFi” in the Asia region and beyond.
Binance's CZ on DeFi Bumps: 'Nobody Complains to Vitalik'
Binance CEO Changpeng "CZ" Zhao explains the challenges of the exchanges's foray into decentralized finance, or DeFi, such as blame for failed projects. The CEO says, "There are probably more projects that failed on Ethereum, but nobody complains to Vitalik."
CZ: Binance Smart Chain Is ‘Not Trying to Be the Ethereum Killer’
Binance CEO Changpeng “CZ” Zhao explains why the world’s largest cryptocurrency exchange is tapping into the decentralized finance, or “DeFi,” trend with Binance Smart Chain. He also tells CoinDesk reporter Muyao Shen why he doesn’t view Ethereum as competition.
