Rep. Ro Khanna of California sees a conflict of interest that she wants to avoid A US lawmaker has aimed at barring President Donald Trump, his family, and members of Congress from trading cryptocurrency or stocks. Rep. Ro Khanna of California made the announcement during an interview on MSNBC, expressing concern over what he described
Changpeng Zhao has been released following the President’s intervention President Donald Trump granted a full pardon to Binance founder Changpeng Zhao on Wednesday, marking a dramatic turn in one of the most high-profile crypto-related cases in US history. The announcement came through White House Press Secretary Karoline Leavitt, who said the decision aimed to correct
The company hopes the gesture will help restore faith in the crypto industry Binance has announced a $400 million relief initiative aimed at supporting traders affected by last week’s sharp cryptocurrency market downturn. The exchange said the move is part of broader efforts to restore confidence in the industry, though it emphasized that it is
Changpeng “CZ” Zhao could be freed from charges of having violated US banking laws Reports from Washington suggest that President Donald Trump is considering granting a pardon to Binance co-founder Changpeng “CZ” Zhao, less than a year after the crypto executive served four months in prison for violating US banking laws. Sources cited by journalist
The cyberattack led to a loss of confidence and the potential for lost cryptocurrency The official X account of the BNB Chain blockchain was briefly taken over on Wednesday, leading to the posting of multiple phishing links aimed at stealing funds from unsuspecting users. With nearly four million followers, the account posed a major target
Binance’s native token is one of the largest cryptocurrencies by market capitalization VanEck has submitted a new proposal to US regulators to launch an exchange-traded fund (ETF) focused on BNB, the native token of Binance’s BNB Chain. If approved, this would mark the first time a BNB-based ETF is introduced in the US. The fund
The move is a result of changing regulations guiding crypto activity in the EU Binance has removed Tether’s USDT trading pairs in the European Economic Area (EEA) as part of its efforts to comply with the Markets in Crypto-Assets Regulation (MiCA). The decision is part of a broader initiative to align with regulatory standards, impacting
Changpeng Zhao claims the rumor was started by a competitor of the cryptocurrency exchange Binance co-founder Changpeng Zhao has dismissed speculation that the cryptocurrency exchange is up for sale. The former CEO addressed the rumors on social media, labeling them as misinformation spread by a competitor. He stated that as a shareholder, Binance is not
The two will take a break for two months amid changes in the US approach to cryptocurrency The US Securities and Exchange Commission (SEC) and Binance have agreed to pause their ongoing legal battle for 60 days, marking a shift in the regulatory approach to cryptocurrency cases. The joint motion, filed yesterday, signals a potential
The Supreme Court refused to hear Binance’s arguments for dismissal The US Supreme Court has rejected an appeal from Binance and its founder, Changpeng “CZ” Zhao, allowing a class-action lawsuit against the cryptocurrency exchange to move forward. The lawsuit, originally filed in 2020 by investor Chase Williams, accuses Binance of selling unregistered securities and operating
No concrete date is set, but the crypto exchange’s CEO has his eyes on the US market Binance.US, the American division of the global cryptocurrency platform Binance, has revealed plans to bring back US dollar services in early 2025. Interim CEO Norman Reed shared this update in a blog post on December 18, signaling optimism
The two companies are partnering on new stablecoin initiatives centered on USDC Circle and Binance have announced a strategic partnership aimed at expanding the global adoption and utility of stablecoins. This collaboration was unveiled during Abu Dhabi Finance Week and emphasizes the growing role of stablecoins like USD Coin (USDC) in modern financial systems. We
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