Brian Shroder, CEO of Binance.US, commented: Jasmine is a rare talent who possesses more than 20 years of deep knowledge in both fintech and high-growth startup environments. Her experience at PayPal, a public Fortune 500 company, in particular, will be invaluable as we chart our path to an IPO in the coming years. Lee stated:…
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Brian Armstrong stated: We appear to be entering a recession after a 10+ year economic boom. A recession could lead to another crypto winter, and could last for an extended period. While it’s hard to predict the economy or the markets, we always plan for the worst so we can operate the business through any…
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Tom Higgins, CEO, Gold-i commented: We added Binance due to significant client demand, including from high-growth regions such as Asia. Binance is a fantastic exchange for us to have integrated with. It is the biggest exchange globally and this creates great opportunities for our clients. We have now completed our integration and are certain that…
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Zhao also disclosed the exchange’s plans to expand its operations within the country. He said: We are interested in investing in traditional financial service centers including payment service providers, banks, etc. We want to help bring those businesses into the blockchain world. Earlier in May, Binance tconfirmed it is in talks with Germany’s financial regulator…
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The news follows the crypto exchange’s authorization to operate its digital asset trading platform in France, revealed in the beginning of May. The new Digital Asset Service Provider (DASP) registration allows Binance to facilitate digital asset custody, let users buy and sell crypto and help to exchange digital assets for each other. The approval was…
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Binance founder Changpeng Zhao explained in a tweet: An exponential amount of new LUNA were minted due to flaws in the design of the Terra protocol. Their validators have suspended their entire network, resulting in no deposits or withdrawals possible to or from any exchange. Some of our users, unaware of the large amounts of…
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Jakubcek’s background Jakubcek spent seven years at EC3, where he provided operational and strategic support for major cryptocurrency investigations. He led the largest cryptocurrency experts' platform in the world with representatives from hundreds of law enforcement agencies from around the globe. As a specialist and educator in the field, Jakubcek will be a key link…
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Changpeng Zhao founder and CEO of Binance, commented: Effective regulation is essential for the mainstream adoption of cryptocurrency. The French DASP and AML/CFT regulations put in place stringent anti-money laundering and fit and proper requirements to meet the high standards necessary to be regulated in France. Zhao added: We are grateful to the AMF and…
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Brian Shroder, Chief Executive Officer of Binance.US, commented: In under three years, Binance.US has grown into a profitable business that is not only one of the largest and most technologically advanced digital asset exchanges in the United States but in the world. From this position of strength, and with an eye toward continuing our rapid…
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Zhao further outlined in his letter the importance of user security and confirmed the company’s devotion to its Nigerian community. Zhao said: Protection mechanisms such as KYC, anti-money laundering measures, collaboration with law enforcement, and account restrictions are in place to ensure our community remains protected and that fraudulent activity is prevented. This is a…
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