CZ
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 CEO ‘CZ’ Responds to Global Regulatory Pressure, Calling Compliance a ‘Journey’
CoinDesk’s Nikhilesh De unpacks the latest story in the ongoing Binance saga. In an open letter on Wednesday, Binance CEO Changpeng “CZ” Zhao described how the crypto exchange has evolved over the past four years, the current regulatory environment and its approach for the future.
Binance's Chief Finance Exec Has Abruptly Left the Company
Binance declined to comment on Wei's whereabouts.
Binance CEO CZ: ‘We Are Not Going Against Governments’
During a keynote discussion at Consensus 2021, Binance founder & CEO Changpeng ‘CZ’ Zhao talks about the importance of freedom and competition within the cryptocurrency space.
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 Now Allows Users to Trade Tokenized Stock Tokens Like Tesla
Crypto exchange Binance has launched tradeable stock tokens, starting with electric car manufacturer Tesla. “The Hash” panel breaks down what a tokenized or “synthetic” stock is and how trading them works.
Why Binance Is Reportedly Facing a CFTC Probe
The CFTC is reportedly probing Binance for allowing U.S. users to buy and sell derivatives. "The Hash" panel discusses the potential significance and impact of the news as well as the timing around Binance's announcement that former ambassador and senator Max Baucus is joining the world's largest crypto exchange as an adviser.
