He also emphasised on the need for having proper banking access and support in the country, one of the major challenges for the crypto industry in India
Speaking on the sidelines of Binance Blockchain Week in Dubai, Zhao said Yi He's skill set complements that of Chief Executive Officer Richard Teng, who took over after Zhao stepped down in 2023 under a US regulatory settlement.
CZ admitted that the US is an important market as it leads in tech and AI talent, but for other technologies such as blockchain, the leaders are currently based outside of US.
Binance, the world’s largest cryptocurrency exchange, has expanded its user base globally from about 170 million at the start of last year to over 300 million today.
Yi will play a pivotal role in community growth and product innovation going forward as the company expands its Web3 infrastructure ambitions
Global crypto leaders to discuss Bitcoin’s future, digital asset regulations, Web 3 architecture, impact of AI on Web3 innovations, and blockchain use cases at Binance Blockchain Week 2025.
The plaintiffs include 306 American victims of Hamas’ attack, including relatives of people killed, injured or taken hostage, and subsequent attacks by various groups.
Binance’s quiet role in building and financing World Liberty’s digital coin raises questions about business ties, timing, and presidential power.
"We want a significant number of our next billion users to come from India," Seker told Moneycontrol.
Zhao served a four-month sentence in 2024 after pleading guilty to failing to implement adequate anti-money laundering measures at Binance.
India’s stance on crypto regulations is getting much better, as the regulators are a lot more open to conversations, Michelle Daura, Head of Regulated Expansion Regions, Bybit told Moneycontrol.
Binance will begin early access from September 30, offering private demos to a select group of licensed banks, brokerages, and exchanges that meet scale requirements.
Bhutan recently launched its first crypto use case by allowing payments through Binance Pay to attract tourists. The government believes enabling crypto tourism would also be a boon for the small and medium enterprises
Teng was in Bhutan to promote the collaboration of its ministry of tourism and crypto wallet Binance Pay as the eastern Himalayan country’s first national crypto tourism payment system
Binance is deepening ties with the Trump family to ease US oversight, list a Trump-backed stablecoin, and seek a pardon for its founder, raising concerns of political favouritism in crypto regulation.
Over the past few weeks, many crypto investors received income tax notices for non-payment of taxes on peer-to-peer (P2P) trades through foreign exchanges. A Binance spokesperson told Moneycontrol that the exchange has been closely monitoring and reporting suspicious trades to FIU-Ind.
Binance's billionaire founder Changpeng Zhao has been pushing for the Trump administration to grant him a pardon, the report added citing people familiar with the matter
The exchange said the investment was made in stablecoin - a type of cryptocurrency pegged to a fiat currency such as the dollar - without naming a particular coin
Binance is assisting WazirX track their stolen funds, head of regional markets Vishal Sacheendran has said
Sacheendran also shared that while the talks for bailing out hacked exchange WazirX are still on, a takeover by Binance is unlikely
After a tumultuous year, including the WazirX cyber attack, the crypto industry will be closely tracking the budget even as bitcoin crossed $100,000 in 2024
Bitcoin Crosses $100,000: Bitcoin has stormed past the $100,000 mark, marking a historic milestone fuelled by a mix of political and economic developments in the United States. The cryptocurrency‘s recent rally comes amid growing institutional confidence and a pro-crypto policy shift under the leadership of US President-Elect Donald Trump.
Never owned, controlled or operated WazirX during or after hack: Binance said in a statement
Hacked crypto exchange WazirX’s restructuring plans depend on the resolution of the muddled ownership dispute with Binance.