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Binance Nearly Shut U.S. Exchange to Protect Global Operations: Report

According to a report from The Information, Binance CEO and founder Changpeng "CZ" Zhao nearly shuttered the crypto exchange's U.S. arm earlier this year in order to protect the wider company. "The Hash" panel discusses the recent regulatory scrutiny surrounding the exchange and CEO Zhao. A spokesperson for Binance.US did not have a comment when reached by CoinDesk.

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China Is Binance’s Largest Market: WSJ

A new report from the Wall Street Journal says Binance users traded $90 billion of crypto-related assets in China in just one month, making the country Binance's largest market by far. CoinDesk Executive Director of Global Content Emily Parker unpacks the details, shedding light on China's role in the global crypto scene.

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Worldcoin Faces Investigation in France; Grayscale Wants Equal Treatment for Spot Bitcoin ETF Filings

"CoinDesk Daily" takes a look at the top headlines in crypto today, including Worldcoin, which was co-founded by OpenAI's Sam Altman, facing new scrutiny in France. Grayscale calls for a fair process when it comes to the SEC approving spot bitcoin ETF applications. Binance files a motion to dismiss a lawsuit from the CFTC. And, an update on what FTX founder Sam Bankman-Fried's attorneys are now asking from the court.

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Ethereum’s Vitalik Buterin Weighs in on Worldcoin as Newly Launched Token Jumps

Worldcoin, the highly anticipated project co-founded by OpenAI's Sam Altman, launched its WLD token on Monday. Crypto exchanges including Binance, Huobi, Bybit and OKX have listed WLD. This comes as Ethereum co-founder Vitalik Buterin expressed some concerns over Worldcoin's user authentication system, called “Proof-of-Personhood” (PoP). "The Hash" panel discusses the latest developments.

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Binance Ends Partnership With Argentina’s Soccer Association

Binance has terminated its five-year partnership with the Argentine soccer association, just after a year, citing a breach of contract. "The Hash" panel discusses the regulatory pressure Binance is currently facing and the state of sports partnerships from major crypto players.

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XRP Rallies 50% in Last Week After Ripple's Partial Win; Binance Reportedly Cuts Workforce

“CoinDesk Daily” host Jennifer Sanasie dives into today’s hottest crypto stories, including a new report from the Wall Street Journal that the global crypto exchange Binance has laid off over 1,000 employees in recent weeks. Bail for Alex Mashinsky, the former CEO of Celsius, has been set at $40 million dollars after he was arrested. And, a slew of crypto exchanges start listing XRP for trading.

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Justin Sun Addresses SEC Charges Amid Coinbase and Binance Scrutiny

Back in March, the U.S. Securities and Exchange Commission sued Justin Sun on allegations of selling and airdropping unregistered securities, fraud and market manipulation. TRON founder and Huobi Global Advisor joins "First Mover" to discuss why he remains "optimistic" about reaching an agreement with the regulator in the wake of new scrutiny facing crypto exchanges Coinbase and Binance.

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Top Binance Execs Resign Over CZ’s Handling of DOJ Investigation: Report

At least three senior officials of Binance have departed the crypto exchange this week, as the company prepares to defend itself on multiple fronts, according to a report from Fortune. CoinDesk Managing Editor of Global Policy and Regulation Nikhilesh De discusses Binance founder and CEO CZ's response to the executives' departure and what their resignation means for the embattled exchange.

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Binance Australia’s Offices Searched by Financial Regulator: Bloomberg

Crypto exchange Binance’s office in Australia was searched on Tuesday by the country's financial regulator, the Australian Securities & Investments Commission (ASIC), according to a Bloomberg report. CoinDesk Managing Editor of Global Policy and Regulation Nikhilesh De weighs in on the regulatory scrutiny faced by the company in multiple jurisdictions.

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Binance’s Institutional Clients Remain Positive on Crypto Outlook: Survey

Binance found that 63.5% of respondents remain positive on crypto for the next year and 88% remain optimistic for the next decade after surveying 208 clients. The crypto exchange conducted the survey between March and May 2023. CoinDesk's Jennifer Sanasie presents "The Chart of The Day."

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