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” Binance receives in-principle approval to operate in Abu Dhabi “ Binance, the world’s biggest crypto exchange in terms of trading volume, received in-principle approval to operate in Abu Dhabi, marking its third regulatory approval in the Middle Eastern region after Bahrain and Dubai. The in-principle approval from the Abu Dhabi Global Market (ADGM) allows…
” Crypto billionaires increase by 60% in a year: Who made Forbes annual list? “ The Forbes crypto billionaires list has been updated, and the number of individuals who have made vast fortunes in digital assets has increased substantially. The crypto elite list now has 19 billionaires on it, which is seven more than last…
” President Bukele hits out at Bitcoin Bond ‘FUD’ as CZ jets in to El Salvador “ El Salvador President Nayib Bukele took to Twitter on Wednesday evening, hitting out at a Reuters report claiming Binance CEO Changpeng Zhao (CZ) was flying in to save El Salvador’s Bitcoin Bond. “Please don’t spread Reuter’s FUD,” Bukele…
“# Scam alert! Binance CEO warns users of massive SMS phishing scam ” Binance CEO Changpeng “CZ” Zhao has alerted the crypto community against a “massive” SMS phishing scam targeting Binance customers. Tweeting on Friday, CZ alerted users of a phishing scam campaign directed at Binance users through SMS. There is a massive Phishing scam…
“# Reuters: Binance was withholding information from regulators, repeatedly shunned own compliance department ” In a report published on Friday, Reuters laid out the findings of its investigation into the regulatory compliance practices of Binance, the world’s largest cryptocurrency exchange by trading volume. The authors suggest the existence of a recurring pattern whereby the company’s…
“# Crypto Biz: Here’s what you need to know about CZ’s $96B net worth, Jan. 6-13 ” Binance CEO Changpeng Zhao, also known as “CZ,” is now the world’s 11th richest person, according to Bloomberg. The crypto entrepreneur has amassed a $96 billion fortune on the back of his booming exchange business and the rapidly…
“# Binance CEO CZ richest crypto billionaire at $96B: Bloomberg ” Changpeng Zhao, the CEO of Binance, tops the list of richest crypto billionaires with an estimated net worth of $96 billion. According to Bloomberg CZ ranks 11th among the world’s richest people as Binance retains its position as the biggest crypto exchange in terms…
“# Centralized systems are here to stay, says Binance CEO CZ ” The Chinese-Canadian business executive’s standout message was that centralized exchanges like Binance would remain relevant in 2022 and beyond. Riposting to a loaded tweet about centralized finance’s dark side as well as the future of decentralized finance, CZ said, “Today, we still need…
“# Binance joins fresh crypto hub by Dubai World Trade Centre ” The world’s largest cryptocurrency trading platform, Binance, is among the first crypto exchanges to join a new crypto hub established by the Dubai World Trade Centre Authority (DWTCA). Binance officially announced it had signed a memorandum of understanding with the DWTCA the next…
“# Dubai World Trade Centre to create new crypto hub and become regulator ” The United Arab Emirates (UAE) continues to emerge as one of the world’s biggest cryptocurrency-friendly jurisdictions as the government of Dubai has a new initiative to support local crypto development and regulation. The Dubai World Trade Centre (DWTC), a government-owned event…