Binance is now ‘totally different’: Interview with CEO Richard Teng
    04 Dec 2023

    Binance CEO Richard Teng has assured the “gaps in compliance” from the early days of Binance are firmly in the past and that the crypto exchange is now “totally different.” Teng, the former head of regional markets for Binance, was elevated to the position of CEO on Nov. 21 after Changpeng ‘CZ’ Zhao stepped down…

    Crypto Biz: UAE’s regulatory structure draws crypto firms, Canaan’s revenue slumps, and more

    Behind the wave of companies moving or deploying initiatives in the UAE is regulation. The country has introduced regulatory frameworks for decentralized autonomous organizations (DAOs), virtual asset providers, metaverses and other Web3-related entities. By offering regulatory clarity and a clear path to compliance — amid a crackdown in the United States — the UAE is moving closer…

    Bitcoin prices should ‘logically’ correct in Jan, but crypto’s a ‘wild card’
    04 Dec 2023

    The price of Bitcoin (BTC) should “logically” undergo a correction once spot Bitcoin exchange-traded funds (ETFs) are approved, though commentators also concede that crypto is a “wild card” — and nothing is certain. Bitcoin has been gaining momentum over the last 11 months, with a sudden jump in March amid banking uncertainty, another spike in June when BlackRock filed for a…