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Crypto Biz: Binance’s CZ falls, Grayscale and BlackRock meet with SEC, and more

Published 11/24/2023, 11:02 AM
Updated 11/24/2023, 04:00 PM
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Imagine building a company from a $15 million initial coin offering to an impressive $60 billion empire. That’s exactly what Changpeng “CZ” Zhao has done with Binance since he founded the crypto exchange in 2017 before resigning on Nov. 21 as part of a settlement with the United States Department of Justice (DOJ).

However, CZ wasn’t just the brain behind Binance — he might be the most important player in the whole crypto game. As such, his downfall represents more than just a personal setback; it’s another blow to the cryptocurrency industry’s global image and credibility.

Grayscale, BlackRock (NYSE:BLK) met with SEC to discuss spot Bitcoin ETF details

Circle launches “bridged USDC standard” for deploying to new networks

Bittrex Global announces all trading will be disabled as it winds down operations

CoinGecko acquires NFT startup Zash

Continue Reading on Cointelegraph

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