Binance

PayPay, 40% owner of Binance Japan, seeks up to $1.1 billion in Nasdaq IPO
The Nasdaq-bound payments firm backed by SoftBank targets a valuation above $10 billion.

U.S. Senate Democrats asked Treasury, DOJ to probe Binance's illicit finance controls
Nine lawmakers asked the federal agencies to investigate the global crypto exchange after reports of potential funding channeled to terrorist groups.

U.S. Senator probes into Binance over alleged $1.7B Iran ties
U.S. Senator Richard Blumenthal has opened an investigation into Binance following reports that $1.7 billion was transferred to Iran-linked organizations. Binance denies the claims, but is the world's largest exchange in trouble again given sanctions violations in the past? CoinDesk's Jennifer Sanasie hosts "CoinDesk Daily."

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.

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 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.

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.

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.

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'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.

