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“# Binance CEO says US crypto exchange will go public in three years ” Binance’s affiliate United States-based cryptocurrency exchange Binance US is targeting an initial public offering (IPO) in 2024, according to Binance CEO and founder Changpeng Zhao. BinanceUS is planning to close a large private funding round in the next two months that…
“# Binance will ‘work with regulators’ as it expands, says CEO ” Changpeng Zhao, the chief executive officer of Binance, has said he wants the major cryptocurrency exchange to work with local regulators as it establishes regional headquarters. According to a Tuesday report from Reuters, Zhao, also known as CZ, hinted Binance would depart from…
“# Binance Futures to limit leverage to 20x for existing users ” Binance, the world’s largest cryptocurrency exchange, continues adopting new leverage trading restrictions on its futures platform in a move to expand consumer protection. After introducing a 20x leverage limit for new users on July 19, Binance Futures is preparing to apply the same…
“# ‘Compliance is a journey,’ says Binance CEO amid regulatory scrutiny ” Amid intensifying concerns over Binance’s global regulatory issues, the company’s CEO and founder Changpeng Zhao has underscored the exchange’s commitment to cooperating with regulators. In an open letter on Tuesday, Zhao emphasized that the cryptocurrency industry has massively evolved over the past four…
“# Shiba Inu hits another exchange as SHIB deposits overwhelm Binance ” Shiba Inu (SHIB) was listed on three different cryptocurrency exchanges in the past 48 hours after an explosive 966% surge in the same time frame sent the token to 18th in the market capitalization rankings. Self-described as the “Dogecoin Killer,” SHIB’s instant addition…
“# Binance CEO says volatility ‘is not unique to crypto’: Data shows it’s Bitcoin’s jet fuel ” During an interview with Bloomberg TV on May 3, Binance CEO Changpeng Zhao suggested that Bitcoin (BTC) “is probably less volatile” than the stock prices of Apple (AAPL) and Tesla (TSLA). Zhao argued that crypto’s volatility was not…
“# Binance CEO warns of CBDC drawbacks as digital dollar pilots proceed in US ” Cryptocurrencies like Bitcoin (BTC) and Ether (ETH) will co-exist “for a while” with more restrictive digital currencies like China’s digital yuan, Binance CEO Changpeng Zhao said in a Bloomberg interview on Monday. According to Zhao, some of the key features of…
“# Binance CEO CZ: Bitcoin is less volatile than stocks like Apple and Tesla ” Binance CEO Changpeng Zhao has commented on the volatility of Bitcoin (BTC), stating that the largest crypto by market capitalization is probably less volatile than the stock prices of similarly-sized companies by market capitalization such as Apple and Tesla. Data…
“# CEO of biggest crypto exchange has ‘close to 100%’ of net worth in crypto ” Changpeng Zhao, founder and CEO of the largest global cryptocurrency exchange, Binance, and one of the world’s top crypto billionaires, does not own much except crypto. “I’m one of those guys who value liquidity much more than owning something….
“# CZ responds to reports of Binance investigation: story has no “teeth” ” Shortly after a Bloomberg report on Friday that cryptocurrency exchange Binance was under investigation for permitting US residents to place unlawful trades, Binance founder and CEO Changpeng Zhao (better known as CZ) dismissed the reports during a live AMA on Clubhouse, saying…