Binance

Binance

Finance

U.S. Senator opens probe on Binance over alleged $1.7 billion flow to Iranian entities

Richard Blumenthal sent Binance co-chief Richard Teng a letter asking him for records about the exchange’s dealings with Iran-linked entities and the alleged dismissal of its investigators.

Capitol in Washington, D.C. (Harold Mendoza/Unsplash)

Finance

Crypto’s biggest exchange fights back against allegations of moving billions of Iran-linked money

The Wall Street Journal, The New York Times and Fortune all reported that investigators had been let go after identifying sanctions-violating transactions.

Binance CEO Richard Teng (Nikhilesh De/CoinDesk)

Finance

Binance brings back tokenized stocks trading with Ondo Finance deal

The world’s largest crypto exchange has listed a batch of tokenized U.S. equities issued by Ondo Finance on its Binance Alpha platform, reviving stock trading push.

Binance

Markets

Bitcoin balances on Binance hit highest since November 2024: here's what it means

Users' bitcoin holdings in wallets linked to Binance have climbed to highest since late 2024.

(Danny Nelson/CoinDesk)

Videos

The $300M move: Richard Teng on tokenizing Wall Street

At Consensus Hong Kong 2026, Binance co-CEO Richard Teng detailed the exchange's explosive growth to over 300 million users and its pivot toward "smart money" institutional services. Highlighting a landmark partnership with Franklin Templeton, Teng explained how tokenized money market funds are now being used as off-exchange collateral, allowing institutions to trade Binance's deep liquidity while keeping assets in regulated custody and earning yield.

Richard Teng CHK 2026

Finance

Binance converts its $1 billion safety net into 15,000 BTC

The crypto exchange finalized a 30-day plan to convert its stablecoin-backed user protection fund into 15,000 BTC, reinforcing bitcoin as its long-term reserve asset.

Binance

Finance

Binance's Richard Teng breaks down the ‘10/10’ nightmare that rocked crypto

Every crypto exchange saw liquidations during the Oct. 10 liquidation event, Richard Teng told the crowd at CoinDesk's Consensus Hong Kong.

CoinDesk

Finance

Binance teams up with Franklin Templeton to use tokenized money market funds as off-exchange collateral

Institutions can now use Benji-issued tokenized money market funds as off-exchange collateral to trade on Binance using Ceffu’s custody layer.

Binance

Finance

CZ pushes back against Binance 'FUD' as blame game for crypto crash persists

The exchange co-founder's post comes amid renewed scrutiny over Binance’s alleged role in October’s crypto flash crash.

Binance's former CEO, Changpeng "CZ" Zhao (Photos from Smorshedi/Wikimedia Commons and CoinDesk/Flickr, modified by CoinDesk)

Markets

Binance moves 1,315 bitcoin into user protection fund as it prepares to buy $1 billion BTC

The $100 million transfer follows the exchange's Jan. 30 announcement that it would shift the SAFU fund toward bitcoin over a 30-day period.

Binance logo