Leon Foong News Today

Binance, the top global cryptocurrency exchange by trading volume, is moving to sell off its stakes in Streami, the operator of GOPAX, one of the top five cryptocurrency exchanges in Korea, according to market watchers, Wednesday.

Teng, 53, succeeded Zhao as the chief executive of the world’s largest crypto exchange after the company and Zhao pleaded guilty to US anti-money laundering and sanctions violations.

Most of the executives leaving the crypto exchange have said that their departure was routine and they share a good relationship with the crypto exchange and its CEO. However, the crypto community has become a bit more sceptical about exchanges post-FTX collapse.

Binance CEO Changpeng ‘CZ’ Zhao has stressed that Binance neither has liquidity issues nor an employee retention problem.

Binance has seen another senior executive depart the company, with Global Product Lead Mayur Kamat heading for the door after almost a year and a ...

Binance sits at the heart of a digital-asset sector facing mounting pressure for greater openness after FTX went bankrupt with an $8b hole in its finances.

Binance, the world’s largest digital-asset exchange, indicated a full audit of its assets and liabilities is some way off amid calls for more transparency following the collapse of rival FTX. The company’s goal is to hire an auditor for the whole balance sheet but big accountants are still learning about…

The Philippine central bank, SEC, and several executives from the crypto industry discussed regulation in a Senate hearing.

Representatives of Binance appeared before a Philippine Senate committee as it continues to establish a presence in the country.

Over the last few years, the crypto industry has seen a rise in interest within the Philippines. Digital assets continue to attract Filipinos, with transactions back in the first half of 2021 experiencing a 362% increase. These developments are front of mind for the country's financial sector who ar