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Binance

The world of digital currencies experienced a significant turnaround as Binance, one of the largest cryptocurrency exchanges, will face the United States Securities and Exchange Commission (SEC) in a court hearing on Monday, January 22. Originally scheduled for the previous Friday, the hearing had…
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Changpeng Zhao had to pay a million-dollar bail

In a surprising turn, former Binance CEO Changpeng Zhao has resigned from the position and agreed to post a personal recognizance bond in the hefty sum of $175 million. This decision comes after pleading guilty to criminal charges in the…

Changpeng Zhao resigns as CEO of Binance

Binance CEO Changpeng Zhao agreed with the Treasury Department and the US Commodity Futures Trading Commission to resign and plead guilty to several crimes. According to The Wall Street Journal, the agreement between the parties “includes…

Binance prepares to leave Russia

The Binance cryptocurrency exchange is preparing to leave Russian territory, so this Friday it issued a statement to its clients warning that it will no longer accept deposits in the local currency, the Russian ruble (RUB). The statement…