CZ “Changpeng Zhao” has announced that he is stepping down from the Binance.US Board of Directors. CZ’s departure will take effect immediately. He will continue to serve as CEO of Binance.com.
Binance.US, a cryptocurrency exchange, announced that it has halted US dollar withdrawals amid a lawsuit from the US Securities and Exchange Commission for allegedly trading digital assets which are deemed securities.
As Binance US grows quickly, weekly trade volume has dropped by an astonishing 99%. Three factors may explain this consequence: reduced trading activity among retail traders, higher US user fees, and the impact of the global pandemic.
Binance US’s Head of Legal and Chief Risk Officer are both reportedly leaving the cryptocurrency exchange, according to The Wall Street Journal. The departures come as the US arm of the crypto exchange seeks to expand its offerings in America.
Sidney Majalya and Krishna Juvvadi have recently resigned from their positions at Binance US, a leading cryptocurrency exchange. The resignations come amid increasing regulatory pressure from the US government, which has been cracking down on […]
Catherine Coley, CEO of the US-based crypto exchange Binance.US, has announced her departure, as the company cuts 1/3 of its workforce. The move comes amidst a difficult backdrop for the cryptocurrency sector, raising questions over the future of the platform.
Binance.US, a leading crypto exchange, has just announced a partnership with MoonPay, allowing customers to securely purchase digital currencies with USDT. This new feature is key to empowering more mainstream users to access the decentralized financial system.