Binance, Changpeng 'CZ' Zhao Handing Over Record $1.35B Fine in CFTC Settlement

Binance, Changpeng 'CZ' Zhao Handing Over Record .35B Fine in CFTC Settlement
Crypto exchange Binance and its founder, Changpeng “CZ” Zhao will pay nearly $3 billion in fines to the Commodity Futures Trading Commission to settling the regulator’s lawsuit against it. The company is also settling with the U.S. Department of Justice and Treasury Department in parallel actions on Tuesday.

Binance, Changpeng 'CZ' Zhao to Pay $2.85B Fine in CFTC Settlement

Binance, Changpeng 'CZ' Zhao to Pay .85B Fine in CFTC Settlement
Crypto exchange Binance and its founder, Changpeng “CZ” Zhao will pay nearly $3 billion in fines to the Commodity Futures Trading Commission to settling the regulator’s lawsuit against it. The company is also settling with the U.S. Department of Justice and Treasury Department in parallel actions on Tuesday.

Binance to Make 'Complete Exit' From U.S., Pay Billions to FinCEN, OFAC on Top of DOJ Settlement

Binance to Make 'Complete Exit' From U.S., Pay Billions to FinCEN, OFAC on Top of DOJ Settlement
Crypto exchange Binance will leave the U.S., pay billions in fines and appoint a monitor for five years to settle charges with the Financial Crimes Enforcement Network (FinCEN) and Office of Foreign Asset Control (OFAC), the U.S. Treasury Department’s money laundering and sanctions watchdogs, according to press releases shared Tuesday.

'Buy the Rumor, Buy the News,' on Spot BTC ETF, Says One Expert, While Another Warns on Coinbase

'Buy the Rumor, Buy the News,' on Spot BTC ETF, Says One Expert, While Another Warns on Coinbase
With two months to go before the U.S. Securities and Exchange Commission (SEC) faces another set of deadlines to decide on a large number of applications to form spot bitcoin exchange traded-funds (ETFs), analysts are speculating on how approval of such vehicles would impact the crypto industry.