Binance exec exodus continues as Russia leadership quits
The loss of Binance's top execs in Russia makes seven high-ranking employees to have left in just two months.
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The loss of Binance's top execs in Russia makes seven high-ranking employees to have left in just two months.
All eyes are on the price of Binance's BNB token as worldwide regulatory pressure continues to mount against the crypto exchange.
Binance customer service replied to a user on X saying that Euro deposits and withdrawals had been indefinitely suspended via SEPA.
Checkout.com has terminated its relationship with Binance, citing the increasing regulatory pressure on the crypto exchange.
Prime Trust has filed for chapter 11 bankruptcy following months of trouble that escalated after Binance US was sued by the SEC.
— Binance
The protective order claims that the SEC is requesting far too much information from troubled crypto exchange Binance.
Troubled crypto exchange Binance was green-lit in El Salvador, a country run by a dictator who's all in on Bitcoin and Tether.
In a Q2 earnings call, Coinbase chief Brian Armstrong unexpectedly said that USDC was stronger now that Binance has liquidated.
In May, Chinese Binance users traded $90 billion of assets, accounting for 20% of the exchange's total crypto volume.
Changpeng Zhao took to Twitter Spaces for an AMA where he spent much of his time discussing stablecoins including Tether, TUSD, and FDUSD.