Binance pays 5.5 trillion won fine… The impact of entering the domestic market is

2023-11-26 22:30:19 [딜사이트 황지현 기자] Binance, the world’s largest virtual asset exchange, will withdraw from the U.S. market after paying a fine of 4.3 billion dollars (about 5.5 trillion won) from the U.S. government on charges including anti-money laundering laws. As this agreement between Binance and the U.S. government became known, the domestic virtual asset … Read more

Changpeng Zhao (CZ) Release on $175 Million Bail: What’s Next for Binance?

2023-11-22 12:33:19 The founder and former CEO of cryptocurrency exchange Binance, Changpeng Zhao (CZ), has been released on $175 million bail. Sentencing is scheduled for February 23, 2024. CZ pleaded guilty on Tuesday to violating US anti-money laundering requirements. According to the allegations, Binance advised its US customers to avoid US regulation and helped hide … Read more

Market Outlook: Binance Founder Resigns, Traders Bet on Bull Market

2023-11-22 17:04:36 The biggest crypto news of the recent period was clearly that the head and founder of Binance, Changpeng CZ Zhao, announced his resignation on November 21. Plus, he pleaded guilty to violating US anti-money laundering laws as part of a $4.3 billion plea deal. This is clearly the biggest blow to crypto markets … Read more