CZ: Prison Was a "Plus" for Character, No Cost to Binance
The pardoned Binance founder says his four-month BSA sentence is now a trust-builder with investors. The bigger read is what it signals about U.S. crypto rehabilitation under Trump.
BNB is the native utility token of the BNB Chain ecosystem, a multi-chain network that supports decentralized applications and the transfer of value across its architecture. Functioning as the primary medium for paying transaction gas and smart contract deployment fees, BNB also grants users tiered trading fee discounts on the Binance centralized exchange. The ecosystem combines a smart contract platform, a Layer 2 scaling solution, and a decentralized data storage network into a unified settlement and data availability layer. The network relies on a Proof of Staked Authority consensus mechanism, in which a set of 21 active validators, referred to as the Cabinet, verify transactions and produce blocks at roughly three-second intervals. Validators are elected daily according to the amount of BNB staked or delegated to them, and the protocol applies slashing penalties to maintain security. Token supply is managed through a programmatic dual-burn strategy that permanently removes tokens via real-time fee destruction and quarterly buybacks. Launched in 2017 alongside the Binance exchange with an initial supply of 200 million tokens, BNB began on Ethereum before migrating to its own EVM-compatible infrastructure. Its current utility spans gas payments, staking, and on-chain governance participation.
The pardoned Binance founder says his four-month BSA sentence is now a trust-builder with investors. The bigger read is what it signals about U.S. crypto rehabilitation under Trump.
The withdrawal lands nine days before MiCA's hard deadline, and the regulators who tracked the bid list the same reasons every other jurisdiction will be reading for: prior legal entanglements and…
The withdrawal from Greece is a setback, but the bigger deadline is July 1, when MiCA's stablecoin and custody rules take full effect across the bloc.
CZ wants U.S. traders to tap Binance's offshore order books, an arrangement that would lower slippage and fees but tests the firewall regulators have policed since the 2023 settlement.
The Greek unraveling is the third EU jurisdiction where Binance has hit resistance in its licensing drive, raising fresh questions about which path the exchange can still take to operate across the…
The settlement installs YZi partners inside the BNB treasury vehicle's boardroom after months of public criticism.
The cooperation agreement ends months of governance friction for the BNB treasury firm, with Ella Zhang and Alex Odagiu joining the board as YZi takes a more active ownership stance.
The growth lands as TradFi heavyweights from BlackRock to Franklin Templeton push deeper into tokenized treasuries and money-market funds, and the exchange is now positioning itself as the default…
Three wallets with a perfect-or-near-perfect hit rate on the same event funneled every dollar to the same Binance deposit address before going dark.
BTC sat out a risk-on move in Asian stocks even as Brent slid below $80 and an Iran peace roadmap took shape, leaving the token stuck below early-June levels while altcoins bled harder.
Just 194 of 3,000+ crypto firms have EU licenses as July 1 hits — Binance faces a Greek rejection, Tether's USDT retreats from licensed venues, and the ECB's digital euro timeline quietly benefits.
The chart floor at $59K–$60K is now the level that matters; a break opens the door to the $45K target some traders are already calling, while the altseason thesis quietly falls apart.
The push targets currency reach rather than speculation: national stablecoins and tokenized equities would embed sovereign currencies directly into blockchain settlement rails.
If confirmed, the order would freeze Binance out of the bloc's harmonized EU crypto regime on a single national node — the kind of political signal other MiCA supervisors now have to react to.
ECB opposition behind the scenes turned a routine licensing review into a political veto — and now leaves Binance with one remaining MiCA seat, in France, to keep serving the entire bloc.
The call puts sovereign stablecoin issuance and on-chain equity on the same policy agenda — a framework that would let any country plug its capital markets directly into global crypto liquidity.
Binance said the Hellenic Capital Market Commission (HCMC) has finished its review of the exchange's Markets in…
Binance is set to lose permission to serve EU clients within weeks after its MiCA license application in Greece is…
USDT has climbed roughly 16% against the bolivar on Venezuela's local P2P market over the past 30 days, moving from…
Binance's bid to serve European Union customers under the bloc's new Markets in Crypto Assets (MiCA) regime is heading…
BNB is the native utility token of the BNB Chain ecosystem, acting as a multi-chain asset that powers decentralized applications and facilitates value exchange across its network.
BNB (BNB) launched on 2017-07-08.
BNB (BNB) is categorised as: Alleged SEC Securities, Centralized Exchange (CEX) Token, Exchange-based Tokens.
The official BNB site is https://www.binance.com.
Most recent BNB coverage: "CZ: Prison Was a "Plus" for Character, No Cost to Binance" — read at /en-US/a/cz-prison-was-a-plus-for-character-no-cost-to-binance.