Binance has not yet decided on its new global headquarters due to complexities like tax laws and talent acquisition challenges. Legal troubles, including Changpeng Zhao's legal issues and a $4.3 billion fine, have led Binance to restructure its leadership and adopt better governance strategies.
WeatherlyBitcoin has reached a new all-time high, surpassing $100,000, while CZ remains unaffected by the surge, holding onto the same amount of Bitcoin. Binance Coin (BNB) also hit a record high, but CZ’s focus remains on Bitcoin’s long-term value rather than its fluctuating price.
WeatherlyIndian authorities uncovered $97 million in unpaid GST from crypto exchanges, with Binance owing $85 million. The government is cracking down on tax evasion, while Binance faces mounting global challenges, including regulatory issues in multiple countries.
WeatherlyCZ’s recent Toy Story meme has sparked speculation about Binance’s future, with many linking it to potential BNB institutional adoption or a BNB-based ETF. Meanwhile, BNB’s price surged to a new all-time high of $776.80, reflecting its growing market influence as altcoins, including BNB, gain momentum.
WeatherlyThe FTX bankruptcy estate claims SBF’s $1.76 billion repurchase deal with Binance in July 2021 was a fraudulent transfer due to FTX’s insolvency. The lawsuit seeks to recover billions for FTX creditors, alleging the transaction was fraudulent.
KikyoFormer Binance CEO, CZ (real name Changpeng), told Bloomberg that he had received multiple offers from buyers who are willing to offer him a high price to buy his shares in Binance.
XingChiBinance and its former CEO, Changpeng Zhao, are pushing to dismiss the SEC’s amended complaint, arguing that the regulator’s approach to crypto lacks clarity and consistency. Binance claims the SEC's broad interpretation of crypto assets as securities is confusing and unfairly applied.
WeatherlyChangpeng Zhao, founder of Binance, made his first public appearance since his prison release at the Binance Blockchain Week in Dubai, discussing his reflections on his incarceration and future plans. He expressed a renewed appreciation for personal connections, a commitment to education, and intentions to invest in emerging sectors while remaining optimistic about the future of cryptocurrency.
JoyFormer Binance CEO CZ's first tweet after his prison release sparked attention, briefly mentioning future plans and enjoying freedom. BNB surged to a monthly high but quickly reversed, declining along with the broader crypto market.
KikyoBinance founder CZ will be released today, 27 September, two days ahead of schedule, due to his release date falling on a weekend. Will this trigger a rise in BNB’s price?
KikyoGolden Finance launches the 2534th issue of "Golden Morning 8", a morning report on the cryptocurrency and blockchain industry, to provide you with the latest and fastest news on the digital currency and blockchain industry.
JinseFinanceEl Salvador’s Bitcoin Office has announced that 80,000 civil servants will receive Bitcoin instruction and certification through educational modules of the Higher School of Public Administration Innovation (ESIAP) program.
JinseFinanceThe Vice President of El Salvador stressed that not only will El Salvador’s Bitcoin laws be upheld, but that cryptocurrencies also “enjoy the greatest credibility in the world.”
JinseFinanceEl Salvador legislates expedited citizenship for Bitcoin donors, further integrating cryptocurrency in governance.
KikyoBitfinex will establish a new entity called Bitfinex Securities El Salvador, S.A. De C.V. — which will operate separately from Bitfinex Group's similar platforms outside the country.
CryptoSlateEl Salvador’s congress approved a digital securities law that would allow the nation to raise funds through the world’s first sovereign blockchain bond.
OthersEl Salvador's national bitcoin wallet continues to face major issues a week after its official launch.
CointelegraphOn Sept. 7, El Salvador became the first country to adopt BTC as legal tender, drawing both praise and criticism from the global community.
CointelegraphThis latest purchase brings El Salvador's Bitcoin reserves to about 1,120 BTC.
Cointelegraph"Policy unpredictability" and "adoption of bitcoin as legal tender" were part of the reason for Fitch's downgrade of El Salvador.
Cointelegraph