Binance

Binance Facing Additional U.S. Legal Risks by Helping Russians Move Money: WSJ
According to a new report from the Wall Street Journal, Binance is helping blacklisted Russian lenders move money through peer-to-peer transactions. A spokesperson for Binance told the publication the exchange follows global sanctions rules. "The Hash" panel discusses whether this could add on to the legal risks Binance is currently facing in the U.S.

Binance to Shut Down 'Connect' Service; State of Crypto in Singapore and Australia
Host Angie Lau takes a deep dive into the state of Binance as the crypto exchange shut down its buy-and-sell service Binance Connect just one year after its launch. Plus, insights on crypto developments from Singapore to Australia. Those stories and other news shaping the cryptocurrency world are in this episode of "Forkast IQ."

Binance Receives License to Offer Bitcoin Services in El Salvador
The Central Bank of El Salvador granted two licenses to crypto exchange Binance to offer bitcoin and digital assets services in the country. "The Hash" panel discusses what this means for Binance as the exchange has been facing regulatory scrutiny in the U.S. Plus, "The Hash" team shares insights into the significance of crypto adoption in the country.

If Binance Faces U.S. Criminal Charges it Could be a 'Death Blow': Former CFTC Division Director
Josh Sterling, former CFTC Division Director and current partner at Jones Day reacts to Semafor reporting that Binance could face U.S. Department of Justice fraud charges, although prosecutors are weighing alternatives given the risk of an FTX-style bank run. Sterling notes that criminal charges against companies are usually a "death blow" and often have "severe consequences for all stakeholders."

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 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.

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.

Worldcoin Faces Investigation in France; Grayscale Wants Equal Treatment for Spot Bitcoin ETF Filings
"CoinDesk Daily" takes a look at the top headlines in crypto today, including Worldcoin, which was co-founded by OpenAI's Sam Altman, facing new scrutiny in France. Grayscale calls for a fair process when it comes to the SEC approving spot bitcoin ETF applications. Binance files a motion to dismiss a lawsuit from the CFTC. And, an update on what FTX founder Sam Bankman-Fried's attorneys are now asking from the court.

Ethereum’s Vitalik Buterin Weighs in on Worldcoin as Newly Launched Token Jumps
Worldcoin, the highly anticipated project co-founded by OpenAI's Sam Altman, launched its WLD token on Monday. Crypto exchanges including Binance, Huobi, Bybit and OKX have listed WLD. This comes as Ethereum co-founder Vitalik Buterin expressed some concerns over Worldcoin's user authentication system, called “Proof-of-Personhood” (PoP). "The Hash" panel discusses the latest developments.

Binance Ends Partnership With Argentina’s Soccer Association
Binance has terminated its five-year partnership with the Argentine soccer association, just after a year, citing a breach of contract. "The Hash" panel discusses the regulatory pressure Binance is currently facing and the state of sports partnerships from major crypto players.
