Binance
Binance Settlement Is a 'Major Positive' For the Crypto Market: Bitwise President
Bitcoin (BTC) has jumped from $39,000 earlier this week to $44,000 on Wednesday. The rally comes amid growing optimism around a spot bitcoin ETF approval in the U.S. Bitwise Asset Management President Teddy Fusaro shares his crypto markets outlook, key drivers behind the latest bitcoin rally, and the impact of crypto exchange Binance's $4.3B settlement with the U.S. government.

Bitcoin Rallies Past $42K; Cristiano Ronaldo Faces Scrutiny Over Binance Endorsement
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest crypto stories of the day, including bitcoin's (BTC) price action as the largest cryptocurrency by market cap rallies to its highest level in more than a year. Plus, a closer look at the places and companies benefitting from bitcoin's latest moves. And, soccer star Cristiano Ronaldo faces a $1 billion class-action lawsuit linked to his commercial relationship with crypto exchange Binance.

Bitcoin Outlook After Token Rises Roughly 10% in November
"The Crypto Trader" author Glen Goodman discusses his analysis and outlook for bitcoin (BTC) as the cryptocurrency rose about 10% for the month of November. Plus, reacting to Binance paying a $4.3 billion fine for violating money transmission laws and U.S. sanctions, and how the major penalty could impact bitcoin's price.

SoFi to End Crypto Services; Jack Dorsey's Latest Crypto Moves
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest crypto stories of the day, including the latest developments for Binance as founder and former CEO Changpeng "CZ" Zhao steps down as chairman of the global exchange's U.S. affiliate's board. SoFi tells its crypto customers it is ending crypto services next month. Plus, Jack Dorsey leads a $6M seed funding round for a decentralized bitcoin mining pool.

Binance.US Announces CZ 'Decided to Step Down' as Board Chairman
Binance.US announced in a post on X (formerly Twitter) Tuesday that Binance founder and former CEO Changpeng Zhao is stepping down from the board of the global exchange's U.S. affiliate. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses the transfer of CZ's voting rights and what this could mean for the future of Binance.US.

Binance Founder Changpeng 'CZ' Zhao Steps Down From Binance.US Board
Binance founder and former CEO Changpeng "CZ" Zhao is stepping down as chairman of the global exchange's U.S. affiliate's board. A senior Treasury official told reporters that Binance.US was not part of Binance's settlement as it was a registered business. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses what we know so far and the implications for the future of Binance.

NFT Platform Blur's Token Jumps Amid Binance Listing and Blast Optimism
BLUR, the native token of NFT platform Blur, surged to a high of 22% last Friday after being listed on Binance's convert feature, which allows Binance customers to buy and sell assets without going through a traditional order book. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

Arthur Hayes: U.S. Treatment of CZ, Binance Is 'Absurd'
Binance and its founder Changpeng "CZ" Zhao have been treated the way they have been in the U.S. because the crypto exchange – and other centralized exchanges – represent a threat to the traditional American-led global financial system, former BitMEX CEO Arthur Hayes argues in a new essay posted on his Substack account. Hodder Law Firm Founder Sasha Hodder weighs in.

Binance Founder CZ 'Unlikely' to Return to UAE, Attorney Says
Changpeng "CZ" Zhao, former CEO of Binance, was set to return to the UAE, where his wife and children live, but a district judge stayed this part of his bond release for now. Hodder Law Firm founder Sasha Hodder shares her legal analysis. "I don't think CZ is a particular flight risk, but I certainly see the concern," Hodder said.

Former Binance CEO CZ Is Stuck in U.S. for the Moment
Binance founder Changpeng "CZ" Zhao must remain in the U.S., at least for the moment, as a federal judge considers a U.S. Department of Justice motion that would require him to remain in the country until he is sentenced early next year. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses the details.
