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Nalezeno "CZ Binance": 7411

Binance Faces Legal Action by SEC for Violating US Securities Laws


The U.S. Securities and Exchange Commission (SEC) took legal action against Binance, the largest cryptocurrency exchange globally, for violating U.S. securities laws. Gary Gensler, the chairman of the SEC, revealed that Binance is facing thirteen charges related to these violations. Binance...

SEC Sues Binance and CZ Over ’Blantant Disregard” of Its Rules


Binance Holdings Ltd., and its US affiliates, are being charged by the US Securities and Exchange Commission for multiple offenses, months after being charged separately by another US regulator.  The SEC’s case stems from the defendants’ “blatant disregard of the federal securities laws,”...

Binance's Regulatory Hurdles Open Path for Potential CZ Successor


Binance's recent regulatory hurdles have opened up the path for a potential successor to Changpeng "CZ" Zhao, co-founder and current CEO of the platform. Among the frontrunners for the position is Richard Teng, a civil servant-turned-crypto executive who was recently appointed as head of...

Binance Futures delists and updates Margin tiers for perpetual contract


Binance Futures has announced the closing of all the positions of USDⓈ-M 1000LUNCBUSD Perpetual Contract. It will simultaneously trigger the automatic settlement of the same as on June 08, 2023, effective 09:00 UTC. Once settled, the contract will be delisted instantly. Moreover, Binance Futures...

Binance Experiences Market Share Decline Post Regulatory Clampdown


Binance has seen its market share shrink by 25% over the last three months amid increased regulatory pressure from the US.  The world's largest cryptocurrency exchange accounted for 57.5% of the average monthly volume of all crypto trades in February, but its market share has now dropped to...

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