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International Business Times
International Business Times
Business
Nica Osorio

Binance Announces Another Major Change In Its Ecosystem Following CZ's Departure

Binance, the world's largest centralized crypto exchange platform by trading volume, announced another major change in its ecosystem days after its founder, Changpeng Zhao (CZ), stepped down as the company's chief executive officer.

In addition to Zhao's departure from the company's top position and role as chairman of the board at Binance.US, the global exchange has revealed that it will be ending support for its BUSD stablecoin starting Dec. 15.

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