Binance u-turns on Russian trading ban, Kraken remains steadfast
Despite calling the measures "unethical," Binance chief Changpeng Zhao says the company "must continue to lead the industry in implementing these sanctions.”
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Despite calling the measures "unethical," Binance chief Changpeng Zhao says the company "must continue to lead the industry in implementing these sanctions.”
With an estimated net worth of $96 billion as of January 9, Binance's CZ career has earned him a place among the 100 wealthiest billionaires.
Changpeng Zhao met with UK officials last week. Days later, crypto exchange Binance has renewed banking access for euros and pounds.
Binance is blocking crypto traders on sanctions lists but won’t widely ban Russian users, as it would supposedly go against crypto's values.
Considering the role's seniority and Binance's endless bad press for lax compliance, Harry Clynch assumed he wouldn't get the job. He did.
Turns out, claiming to have no headquarters and refusing to answer questions about their location makes Binance execs difficult to sue.