A U.S. court has issued a ruling against Binance, the cryptocurrency exchange, and its former CEO Changpeng "CZ" Zhao, resulting in Binance paying $2.7 billion and CZ paying $150 million to the Commodity Futures Trading Commission (CFTC).Continue Reading

Binance founder Changpeng “CZ" Zhao must stay in the United States until he is sentenced in February as he's unlikely to return to the country if allowed to travel to the United Arab Emirates, a federal judge has ruled.Continue Reading

Binance founder Changpeng "CZ" Zhao is mandated to stay in the United States temporarily while a federal judge reviews a U.S. Department of Justice request that would compel his presence in the country until his sentencing in the early part of next year. Continue Reading

The United States Department of Justice revealed that Binance's CEO, Changpeng "CZ" Zhao, has agreed to plead guilty to a felony charge as part of a resolution involving both criminal and civil cases related to the exchange.Continue Reading

In response to the lawsuit from the U.S. Commodity Futures Trading Commission (CFTC), Binance, the leading cryptocurrency exchange in terms of trading volume, along with its senior executives, submitted a filing on Monday. Continue Reading

On Thursday, Binance, the cryptocurrency exchange, communicated to its users about the addition of fresh fiat service providers for facilitating euro (EUR) transactions, deposits, and withdrawals. Continue Reading

In a recent legal document submission, Binance, Binance.US, and their CEO Changpeng "CZ" Zhao have formally petitioned for the dismissal of all allegations within the SEC lawsuit.Continue Reading

Although Brian Shroder's resignation as CEO of Binance's U.S. division occurred amidst SEC and CFTC legal actions, Binance CEO Changpeng Zhao asserted that the departure was routine.Continue Reading

Binance, the world's leading centralised cryptocurrency exchange, has prompted users to initiate the conversion of their holdings in the Binance USD stablecoin to other available assets, including a newly introduced stablecoin, as part of its plans to phase out support for BUSD. Continue Reading

As per Coindesk's report, a federal judge has instructed the Securities and Exchange Commission (SEC) and Binance's legal team to engage in further discussions regarding limitations on the company's operations. The judge has set a deadline for Thursday for both parties to provide an update on their negotiations.Continue Reading