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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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Gemini Reportedly Cutting Another 10% of Staff; Central African Republic Forms Committee to Draft Crypto Bill

Crypto exchange Gemini is shedding another 10% of its staff, according to an internal message viewed by The Information. Plus, the latest details as the Central African Republic forms a committee of experts from several government ministries to draft crypto legislation.

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