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The Latest Breaking News from Changpeng Zhao

Mastercard to end prepaid crypto card program with Binance after calling partnership ‘exciting step in our crypto journey’

The breakup follows two lawsuits from the U.S. federal government against the world’s largest crypto exchange.

Fortune · Aug 24, 2023

Binance claims it adheres to Western sanctions in Russia. At least 5 blacklisted lenders are still processing payments for the exchange

The exchange is also reportedly in the midst of an investigation from the Justice Department.

Fortune · Aug 22, 2023

The future of crypto hinges on a fight between the SEC and a former burger flipper

A looming courtroom battle between the largest cryptocurrency exchange and the world's most powerful regulator promises to shape the future of crypto.

WEKU · Aug 13, 2023

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Binance Japan To Launch With 34 Tokens, Including BNB, Surpassing Local Competitors

Binance Japan aims to establish dominance in the market by offering the widest range of tokens, including its native token.

Zenger · Aug 2, 2023

Binance secures license in Dubai amid international pullback and mounting legal woes

The firm has pulled back from the Netherlands, Germany, and Cyprus, and faces investigations in the U.S., Canada, France, and Australia.

Fortune · Jul 31, 2023

Binance Pulls German Crypto License Application Amid Regulatory Challenges

Binance has withdrawn its application for a crypto license in Germany

Zenger · Jul 30, 2023

Binance reportedly lays off over 1,000 employees as top crypto exchange grapples with SEC lawsuit and looming DOJ investigation

The layoffs could end up reducing Binance's staff by one-third.

Fortune · Jul 14, 2023

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Binance and the Justice Department had a deal. What happened?

It wasn’t long ago that Binance looked to be on the cusp of a settlement with the Justice Department. Now, all bets are off.

Fortune · Jul 7, 2023

Binance plunges into crisis as senior execs quit over CEO Changpeng Zhao’s response to Justice Department investigation

Senior members of Binance’s legal and compliance team left the company this week.

Fortune · Jul 6, 2023

Why Binance's Yi He is no Caroline Ellison

Yi He, an important behind-the-scenes influence at Binance and the mother of the founder's children, takes a rare step into the limelight.

Fortune · Jun 29, 2023

Binance Lawyers Accuse SEC Of Breaking Conduct Rules In Lawsuit

Binance Blasts SEC for Misleading Information in Lawsuit

Zenger · Jun 23, 2023

‘None of that is really an issue at Coinbase’: CEO Brian Armstrong talks about Binance without talking about Binance

The Coinbase CEO distinguished the SEC’s action against his exchange from the agency’s other suits, including its action against Binance.

Fortune · Jun 22, 2023

Under court deal, Binance can continue U.S. operations as it battles SEC fraud charges

The U.S. Securities and Exchange Commission and Binance have reached a court agreement that lets the world’s largest cryptocurrency exchange continue to operate in the United States as it battles SEC fraud charges

The Independent UK · Jun 17, 2023

Binance to quit the Netherlands and faces investigation in France

Crypto exchange confirms failure to obtain Dutch licence and French inquiry as problems mount in US too

The Guardian - UK · Jun 16, 2023

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Fortune · Jun 16, 2023

Binance loses footing in Europe as French prosecutors investigate exchange and Netherlands denies license application

The two blows against Binance come less than two weeks after the SEC sued it and its CEO, Changpeng Zhao.

Fortune · Jun 15, 2023

Binance’s U.S. subsidiary lays off about 50 employees, cites ‘costly litigation process’

"This was a very hard decision—one that we didn’t take lightly," the company's management said in internal documents.

Businessweek · Jun 15, 2023

Crypto Gets Its Moment of Clarity, But Not the One It Wanted

Suits against Binance and Coinbase offer even more proof that the SEC is cracking down.

Fortune · Jun 14, 2023

How Binance's 'extensive web of deception' could lead to DOJ charges against the world's largest crypto exchange—and its enigmatic founder

CZ's control exposes him to charges from U.S. law enforcement, experts say.

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Tribune News Service · Jun 13, 2023

Binance.US, SEC not far apart on deal avoiding full asset freeze

Binance.US and the Securities and Exchange Commission agreed to work on a deal that avoids a total asset freeze at the cryptocurrency trading platform, which the regulator has accused of operating illegally.

The Guardian - UK · Jun 13, 2023

TechScape: The US is clamping down on cryptocurrency – is the UK next?

Regulators have launched two big lawsuits against Binance and Coinbase, and Rishi Sunak could mine the benefits

WEKU · Jun 10, 2023

Wall Street's top cop is determined to bring crypto to heel. He just took a big shot

The SEC announced this week a barrage of lawsuits against crypto exchanges Coinbase and Binance. The outcome could help define the future of the cryptocurrency sector.

The Guardian - UK · Jun 9, 2023

Binance.US prepares to suspend US dollar deposits and withdrawals from exchange

Company tells customers to withdraw their US dollars days after US regulators sued the company and its founder

Reason · Jun 8, 2023

Gary Gensler's SEC Cracks Down on Coinbase and Binance

The SEC is suing Coinbase, alleging that it's an unregistered securities broker, after targeting Binance the day before.

Fortune · Jun 8, 2023

Gary Gensler offered to serve as informal advisor for Binance, the exchange’s lawyers allege

Gensler has since that Zhao and Binance "engaged in an extensive web of deception."

Fortune · Jun 7, 2023

Two of the richest crypto bros saw nearly $2 billion wiped from their combined net worth

Coinbase CEO Brian Armstrong said he was “disappointed” by the SEC’s actions, arguing they were “not good for America.”

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