Binance News

Binance reportedly assisted the Trump family's World Liberty Financial in launching its stablecoin USD1, by writing code and promoting it. This came before Binance founder Changpeng Zhao, sought a presidential pardon in a money laundering case.

US-BOLIVIA-CRYPTOCURRENCY:Bolivia crypto transactions up over 530% amid currency woes

Binance Holdings Ltd.’s head of financial crime compliance, Tigran Gambaryan, who was detained last year in Nigeria for about eight months, is leaving the world’s largest crypto exchange.

The SEC has concluded its lawsuit against Binance Holdings, which had accused the exchange of various financial misdeeds. The dismissal, seen as a policy shift, prevents the SEC from re-filing the case.

Binance and Kraken are among major crypto exchanges that have been targeted by the same type of social-engineering hack that was recently disclosed by Coinbase Global Inc., according to people familiar with the situation.

The world’s largest cryptocurrency exchange was suspended from operating in India in December 2023 for failing to comply with the country's anti-money-laundering rules.

After receiving a four-month sentence, the ex-CEO will be the richest US inmate ever. That is just one of the reasons his case is nothing like FTX’s.

Binance co-founder Changpeng Zhao is facing up to three years in prison, if efforts by US prosecutors to secure his sentencing prove successful. More than 160 friends, colleagues and investors are determined for the crypto executive to escape incarceration entirely.

On Tuesday, the world’s biggest exchange, Binance Holdings Ltd., was set to acquire troubled rival FTX.com. On Wednesday, Binance walked away from the deal citing problems with FTX’s finances as well as potential regulatory investigations. Its decision to walk away deepened the ongoing crypto rout, with Bitcoin tumbling to the lowest level in two years.