Binance
Binance's CZ Is Looking for His Replacement as Exchange Gets Regulatory House in Order
“We are looking for someone with a strong regulatory background to step in and be CEO,” Changpeng Zhao said at a press conference Tuesday.
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 to Cease Crypto Margin Trading on Sterling, Euro, Australian Dollar
The announcement comes hours after CEO Changpeng Zhao tweeted that Binance was reducing the maximum leverage users can use to trade futures contracts.
Binance Says It's Cutting Leverage Limit to 20x, a Day After FTX Announces the Same
"We didn't want to make this a thingy," Binance CEO Changpeng Zhao posted Monday on Twitter, a week after making the change.
Uniswap Labs Limits Access to Some Tokens
The software development studio cited an "evolving regulatory landscape" in making its decision.
Paxos General Counsel on Stablecoin Backings, Risks and Regulations
Paxos, the crypto infrastructure firm behind Paypal, has released a breakdown of reserves of its stablecoins PAX and BUSD for the first time. Paxos General Counsel Dan Burstein discusses the key takeaways, noting differences between Paxos’ products and other stablecoins like USDC and USDT.
NatWest Blocks Payments to Binance as Starling Joins the Chorus
The bank joins Santander and Barclays among major banks blocking U.K. customers from purchasing crypto on Binance.
Hester Peirce on SEC’s Role in Crypto Regulations, Stablecoins, CBDCs
Responding to Sen. Elizabeth Warren urging the SEC to figure out its role in crypto regulation, SEC Commissioner and “Crypto Mom” Hester Peirce clarifies what the SEC can and cannot do. “There is an awakening in D.C. now realizing that crypto is here to stay,” Peirce said.
Binance Pool to Halt BSV Mining Services at End of July
Clients using BSV mining will need to manually switch to BTC mining or Binance Smart Pool.
