Binance CEO Richard Teng rejected allegations that the change promoted the Trump-affiliated stablecoin USD1 to assist safe a presidential pardon for former CEO Changpeng “CZ” Zhao. Teng claimed that the MGX funding in Binance used USD1 on account of MGX’s unbiased resolution, regardless of experiences that Binance helped construct theContinue Reading
President Donald Trump pardoned Binance founder Changpeng “CZ” Zhao on Oct. 23 after Zhao had served 4 months in jail for violating US banking legal guidelines. Trump claimed he didn’t know who Zhao was however characterised him as a “revered entrepreneur” whose pardon aligned with the aim of US competitivenessContinue Reading
In a letter from her lawyer, US Senator Elizabeth Warren has defended herself in opposition to threats of defamation from former Binance CEO, Changpeng ‘CZ’ Zhao, claiming her X feedback about his previous authorized troubles are true. The dispute stems from feedback Warren made on social media platform X aboutContinue Reading
Trump’s pardon of Binance founder Changpeng Zhao ends a year-long authorized saga and indicators a friendlier stance on crypto regulation. The choice follows in depth lobbying and comes amid rising hyperlinks between Binance and the Trump household’s crypto enterprise. Lawmakers from each events have criticised the transfer, warning it dangersContinue Reading
Warren, Hirono, and Blumenthal press the DOJ for answers on Binance’s compliance with its 2023 settlement. Senators raise concerns over Trump family’s Binance ties and possible removal of compliance monitor. Lawmakers request that the DOJ deliver substantive answers about Binance’s obligations by 1 October 2025. US Senator Elizabeth Warren andContinue Reading
Eric Trump has refuted claims made by the New York Times that the United Arab Emirates was provided access to advanced computer chips in return for a deal involving the Trump-owned stablecoin USD1. In May, it was revealed that UAE-founded investment firm MGX invested US$2 billion worth of Trump-owned USD1Continue Reading
Binance and Franklin Templeton team up to create institutional-grade digital asset products for global investors. The collaboration merges Franklin Templeton’s tokenisation expertise with Binance’s extensive trading infrastructure. Goals include improving settlement efficiency, transparency, portfolio management, and capital market accessibility. Binance and Franklin Templeton have announced a strategic partnership to developContinue Reading
World Liberty Financial’s WLFI token debuted with 25% of supply unlocked, valuing the project above US$30B. Trading volumes exceeded US$2.5B, boosted by Binance and other exchange listings. Early sell pressure pushed WLFI down 12%, leaving a market cap of nearly US$7B. World Liberty Financial launched its WLFI token on 1Continue Reading
Binance has appointed SB Seker as its new head of Asia-Pacific operations, tasking him with strengthening regulatory relations and driving strategic growth in the region. Seker’s appointment comes amid significant regulatory pressure on the exchange, including an order from AUSTRAC for an external audit of its Australian subsidiary due toContinue Reading
An OG Bitcoin whale transferred 750 BTC, valued at around US$83 million, to Binance on August 27 sparking speculation they’re looking to take profits. The whale first acquired their bag of 5,000 BTC in 2013 at an average price of US$332. They’re now believed to have sold 1,750 BTC forContinue Reading
