Changpeng Zhao
Binance's CZ Is Looking for His Replacement as Exchange Gets Regulatory House in Order
“We are looking for someone with a strong regulatory background to step in and be CEO,” Changpeng Zhao said at a press conference Tuesday.
Binance to Cut Leverage Limit to 20x, a Day After FTX Announces the Same
Binance, the world’s largest crypto exchange by trading volume, is reducing the maximum leverage users can use to trade futures contracts. CEO Changpeng Zhao tweeted Monday the new limit is 20 times leverage, down from 100 times, a day after derivatives exchange FTX announced a similar change. Is this part of a broader effort by Binance to help avoid the worst of a future regulatory storm?
Binance to Cut Leverage Limit to 20x, a Day After FTX Announces the Same
Binance, the world’s largest crypto exchange by trading volume, is reducing the maximum leverage users can use to trade futures contracts. CEO Changpeng Zhao tweeted Monday the new limit is 20 times leverage, down from 100 times, a day after derivatives exchange FTX announced a similar change.
State of Crypto: Binance Is Firmly in the Regulatory Crosshairs
World regulators have announced warnings around Binance, drawing attention to the exchange's operations and hinting at future actions.
Binance CEO CZ Says ‘Compliance Is a Journey’ as Regulators Hit the Breaks
Binance CEO Changpeng “CZ” Zhao has likened the recent regulatory pressures against his exchange company to that of the initial development of the car. “Compliance is a journey, especially in new sectors like crypto,” CZ said in an open letter published Wednesday, noting the uncertainty of the crypto industry.
Binance CEO 'CZ' Responds to Global Regulatory Pressure, Calling Compliance a 'Journey'
"We are seeing wider adoption of cryptocurrencies globally and the need for clearer regulatory frameworks in different countries," said CZ.
Binance's CZ on Bitcoin: 'I Don't Think Anyone Can Shut it Down Now'
Several governments have tried to ban bitcoin outright, and others, including China, have made threats and enacted policies that make it difficult for crypto companies to operate, but can bitcoin really be killed? According to Binance CEO Changpeng "CZ" Zhao, it's too late. "The Hash" panel weighs in.
No One Can Shut Down Bitcoin, Says Binance CEO CZ
Regulatory scrutiny around Binance is likely due to a lack of clarity from governments, CZ said.
Mayhem in Binance Leveraged Tokens During Crypto Crash Leaves Traders Fuming
In a word, don't put money in a risky investment that you don't understand well.
Binance CEO Downplays Reports of Money-Laundering Investigation
The Binance cryptocurrency exchange is reportedly under investigation by the DOJ and IRS, but founder and CEO Changpeng Zhao says the headlines sound more dramatic than the story actually is. CoinDesk’s Nikhilesh De breaks down what we know about the investigations so far. Plus, why will it take Coinbase six weeks to list dogecoin (DOGE)?