News with the tag "Binance settlement"

Rostin Behnam is stepping down as chair of the US Commodity Futures Trading Commission on Jan. 20, calling for stronger crypto oversight and leaving behind a legacy of enforcement.

A U.S. federal judge has endorsed the plea deal agreed upon between the U.S. government and Changpeng Zhao, the founder of Binance, widely known as “CZ.” Judge Richard Jones approved the plea in a recent court document, setting the sentencing for February 2024. U.S. Federal Judge Confirms CZ’s Plea ...

Binance CEO Richard Teng says the company has fundamentally changed following a massive $4.3 billion settlement over compliance issues. Image by Koukichi Takahashi, Adobe Stock. On Tuesday, new Binance CEO Richard Teng stated in an interview with Cointelegraph that Binance is now “totally different”...

JPMorgan calls Binance’s costly settlement with U.S. regulators a positive development for crypto. Image by HTGanzo, Adobe Stock. Crypto exchange Binance’s $4.3 billion settlement with U.S. authorities marks a positive development for the company and the broader cryptocurrency sector, according to a...

The United States Department of Justice (DOJ) has revealed a landmark settlement involving Binance, the world’s largest crypto exchange by trading volume. Under the agreement, Binance will pay $4.3 billion to settle with the law enforcement authority. This significant development was disclosed durin...

In the ever-evolving landscape of cryptocurrency, where the tide of fortune can shift with a single headline, a recent development involving Binance, one of the world’s leading crypto exchanges, has sent ripples of relief and optimism through the market. Sources suggest that Binance is nearing a sta...