Binance
Department of Justice Could Charge Binance With Fraud: Report
Binance may face Department of Justice fraud charges, though prosecutors are considering alternatives given the risk of an FTX-style bank run, according to Semafor. Josh Sterling, Jones Day partner and former CFTC division director, discusses the specifics of the report and the potential outcomes.
Binance Appoints New Compliance Officer as Regulatory Crackdown Intensifies
The new position for Kristen Hecht comes as Binance is under scrutiny by multiple law enforcement agencies in the U.S. and abroad and could even face fraud charges.
First Mover Americas: Justice Department May Charge Binance With Fraud: Report
The latest price moves in crypto markets in context for August 3, 2023.
Binance Nearly Shut U.S. Exchange to Protect Global Operations: Report
According to a report from The Information, Binance CEO and founder Changpeng "CZ" Zhao nearly shuttered the crypto exchange's U.S. arm earlier this year in order to protect the wider company. "The Hash" panel discusses the recent regulatory scrutiny surrounding the exchange and CEO Zhao. A spokesperson for Binance.US did not have a comment when reached by CoinDesk.
Binance Could Face U.S. Fraud Charges, but Prosecutors Worry About Risk of Bank Run: Semafor
The price of bitcoin (BTC) and Binance's BNB token immediately fell following the report.
China Is Binance’s Largest Market: WSJ
A new report from the Wall Street Journal says Binance users traded $90 billion of crypto-related assets in China in just one month, making the country Binance's largest market by far. CoinDesk Executive Director of Global Content Emily Parker unpacks the details, shedding light on China's role in the global crypto scene.
CRV Gets Plunge Protection on Binance as Market Makers Add Bid-Side Liquidity
Market makers moved to arrest the slide in Curve's CRV following last weekend's attack against the decentralized exchange.
Binance's Largest Market Is China: WSJ
China is Binance’s largest market, amounting to 20% of worldwide volume
Binance Nearly Shuttered U.S. Exchange to Protect Global Operations: The Information
As investigations loomed, the board of directors of Binance.US voted on whether to liquidate the company but could not come to a unanimous decision, The Information reported.
Binance Japan Starts Onboarding Users
Two years earlier, the exchange was warned by Japanese regulators that it was operating in the country without permission.
