Business – Page 55 – Miami Crypto Coin

Binance says decision to pull Abu Dhabi licensing bid unrelated to US settlement

Post author:MiamiCrypto
Post published:December 7, 2023
Post category:Binance Business Cryptocurrency Exchange middle east UAE

Former Binance CEO Changpeng Zhao, who pleaded guilty to one felony count in the United States in November, may not be able to return to the UAE before being sentenced.

US crypto firms spent more on lobbying in 2023 than before FTX collapse: Report

Post author:MiamiCrypto
Post published:December 5, 2023
Post category:Business donations elections ftx Politics United States

Government transparency group Open Secrets reported U.S. crypto firms spent roughly $19 million on lobbying from January to September 2023.

Binance VIP traders got sneak peak of US settlement: Report

Post author:MiamiCrypto
Post published:December 1, 2023
Post category:Binance Business Changpeng Zhao law Singapore United States

At an exclusive dinner in Singapore, certain Binance executives reportedly told traders about the pending settlement with U.S. officials, allowing the exchange to stay in business.

KuCoin pledges $20K grant to TON Foundation for ecosystem development

Post author:MiamiCrypto
Post published:December 1, 2023
Post category:Blockchain Business Cryptocurrency Exchange Funding Investments kucoin TON blockchain TON Foundation

The funding will support TON ecosystem projects, research and development efforts, community-building and marketing activities.

Bitcoin ETFs, user experience will drive adoption — eToro CEO

Post author:MiamiCrypto
Post published:December 1, 2023
Post category:Adoption Bitcoin Business ETF eToro Interview

Yoni Assia told Cointelegraph that products like Bitcoin ETFs align with institutions’ existing modes of operation, making it easier for them to enter the market.

Bitcoin for Christmas: MicroStrategy buys another $600M

Post author:MiamiCrypto
Post published:November 30, 2023
Post category:Bitcoin Business buy Cryptocurrency Investment Investments MicroStrategy

The firm reported it held 174,530 Bitcoin as of Nov. 29 — worth roughly $6.6 billion at a price of $37,726.

Binance will end support for BUSD stablecoin in December

Post author:MiamiCrypto
Post published:November 29, 2023
Post category:Binance Business Cryptocurrency Exchange Dollar Stablecoin

Many users' Binance USD balances will automatically be converted into First Digital USD starting on Dec. 31.

Changpeng Zhao steps down as Binance.US chair

Post author:MiamiCrypto
Post published:November 28, 2023
Post category:Binance Business Changpeng Zhao Cryptocurrency Exchange United States

The former Binance CEO faces one felony count in the U.S. as part of a settlement with local officials and regulators.

Binance CEO outlines plan for crypto exchange after CZ steps down

Post author:MiamiCrypto
Post published:November 27, 2023
Post category:Binance Business Changpeng Zhao Cryptocurrency Exchange Richard Teng

Richard Teng became CEO of crypto exchange Binance after Changpeng Zhao agreed to step down as part of a settlement with the U.S. Department of Justice announced on Nov. 21.

X restricts Changpeng Zhao’s account after name change removes ‘Binance’

Post author:MiamiCrypto
Post published:November 23, 2023
Post category:Binance Business Changpeng Zhao social media Twitter

The former Binance CEO speculated X’s bot detection algorithm “needs some work” after the platform implied he “potentially violated the X Rules” by changing his profile name.