CryptoMediaClub
Tuesday, October 28, 2025
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
CryptoMediaClub
No Result
View All Result
Home Blockchain

Binance CEO Changpeng “CZ” Zhao Reportedly Considered Shutting Down Binance.US

03.08.2023
A A
0
125
VIEWS
ShareShare

Binance, one of the world’s largest cryptocurrency exchanges, faced a critical decision earlier this year when its CEO and founder, Changpeng “CZ” Zhao, contemplated shutting down its U.S. arm, Binance.US. The move was seen as an attempt to safeguard the broader company amid increasing regulatory scrutiny.

According to The Information, the board of directors of Binance.US, which operates as an affiliate of Binance, voted on the matter. However, they could not reach a unanimous decision, with Binance.US CEO Brian Shroder reportedly blocking the liquidation proposal. CZ serves as the chair of the Binance.US board of directors.

Binance has been under intensified regulatory scrutiny in recent months, facing allegations of operating as an unregistered securities exchange. The Securities and Exchange Commission (SEC) sued Binance, Binance.US, and CZ earlier this month. Additionally, the Commodity Futures Trading Commission (CFTC) sued Binance and CZ in March over accusations of knowingly offering unregistered crypto derivatives products in the U.S.

The mounting legal challenges and regulatory pressure have led Binance to make significant staff cuts as part of its response to the ongoing lawsuits.

The situation reflects the growing challenges faced by major cryptocurrency exchanges as regulators worldwide seek to establish clear guidelines and oversight for the cryptocurrency industry. The outcome of Binance’s legal battles and its future decisions will have significant implications for the crypto market as a whole.

The post Binance CEO Changpeng “CZ” Zhao Reportedly Considered Shutting Down Binance.US appeared first on BitcoinWorld.

Share10Tweet6ShareSharePin2

Related Posts

Ondo Finance Unleashes Revolutionary Tokenized US Treasuries on Sei
Blockchain

Ondo Finance Unleashes Revolutionary Tokenized US Treasuries on Sei

18.07.2025
0

Skip to content

Read moreDetails
Hashed stablecoin: South Korea’s Crypto Giant Unveils Bold Trademark Play

Hashed stablecoin: South Korea’s Crypto Giant Unveils Bold Trademark Play

17.07.2025
LA Token’s Strategic Move: Lagrange Foundation Considers Crucial Buyback for Price Stability

LA Token’s Strategic Move: Lagrange Foundation Considers Crucial Buyback for Price Stability

14.07.2025
Shocking Loss: Crypto Influencer Accidentally Burns $75K in PUMP Token

Shocking Loss: Crypto Influencer Accidentally Burns $75K in PUMP Token

14.07.2025
Dubai’s Historic Approval: Qatar National Bank Launches Revolutionary Tokenized Money Market Fund in DIFC

Dubai’s Historic Approval: Qatar National Bank Launches Revolutionary Tokenized Money Market Fund in DIFC

08.07.2025
Load More
Next Post
Bitcoin Price Prediction as Traders Get Spooked By Curve Fallout – Will BTC Drop to $25,000?

Bitcoin Price Prediction as Traders Get Spooked By Curve Fallout – Will BTC Drop to $25,000?

0 0 votes
Рейтинг статьи
Subscribe
Notify of
guest
guest
0 комментариев
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Recommended

Binance CEO responds to rumors, says US executive is ‘taking a deserved break’

Binance CEO responds to rumors, says US executive is ‘taking a deserved break’

2 years ago
Binance Phases Out BUSD: What You Need to Know About This Major Crypto Shift

Binance Phases Out BUSD: What You Need to Know About This Major Crypto Shift

2 years ago
Pump.fun Shuts Down Livestream Feature Following Graphic Content and Threats of Violence

Pump.fun Shuts Down Livestream Feature Following Graphic Content and Threats of Violence

11 months ago
Economist Timothy Peterson Warns US Price Cuts Delay May Set off Market Downturn

Economist Timothy Peterson Warns US Price Cuts Delay May Set off Market Downturn

8 months ago

Categories

  • All news
  • Altcoins
  • Analysis
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
No Result
View All Result

Highlights

Q3 2025: Bitcoin Surged to ATH But With ‘Notable Laggard’ as Ethereum Led the Quarter

[LIVE] Altcoin Season Price Watch, October 27 – Trending Altcoins Lag as Liquidity Clings to BTC

Michael Saylor’s Strategy Buys 390 BTC, Boosting Treasury to 640K BTC

Bitcoin rally smashes past $116k on softer Fed bets: What changes next?

China’s DeepSeek and Alibaba’s Qwen AI Beat Rivals in Crypto Trading Contest

Crypto Transfers Between Korean Exchanges and Cambodia’s Huione Jump 1,400x to $8.9M

Trending

ChatGPT’s XRP Analysis: XRP ETF Breaks $100M and Garlinghouse Eyes Trump Crypto Board
All news

ChatGPT’s XRP Analysis: XRP ETF Breaks $100M and Garlinghouse Eyes Trump Crypto Board

28.10.2025
0

ChatGPT’s XRP analysis has revealed that XRP is consolidating at $2.6834 in a key decision zone, as...

Crypto’s week ahead: Everything you need to know to close out October

Crypto’s week ahead: Everything you need to know to close out October

27.10.2025
DOGE Price Prediction: Dogecoin Price Up 43% YoY As DOGE Breaks Resistance – Is $0.5 Coming in November 2025?

DOGE Price Prediction: Dogecoin Price Up 43% YoY As DOGE Breaks Resistance – Is $0.5 Coming in November 2025?

27.10.2025
Q3 2025: Bitcoin Surged to ATH But With ‘Notable Laggard’ as Ethereum Led the Quarter

Q3 2025: Bitcoin Surged to ATH But With ‘Notable Laggard’ as Ethereum Led the Quarter

27.10.2025
[LIVE] Altcoin Season Price Watch, October 27 – Trending Altcoins Lag as Liquidity Clings to BTC

[LIVE] Altcoin Season Price Watch, October 27 – Trending Altcoins Lag as Liquidity Clings to BTC

27.10.2025
  • All news
  • Altcoins
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
  • Analysis
Editor: cryptomediaclub.com@gmail.com
Advertising: digestmediaholding@gmail.com

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

wpDiscuz