What's the future of Binance & CZ?

GURA: But today, the future of Binance, at least in the U.S., and CZ's future in the industry are up in the air. Binance has faced allegations it's facilitated money laundering and it has business ties to China, which the company disputes. But the SEC's lawsuit is the biggest challenge so far.

What happened to Binance?

Benoit Tessier/Reuters David Yaffe-Bellany, based in San Francisco, writes about the crypto industry. Just days after the Securities and Exchange Commission sued it, the American arm of Binance, the giant cryptocurrency exchange, announced some painful news: It will no longer allow customers to trade on its platform using U.S. dollars.

Did Binance violate CFTC regulations?

REUTERS/Benoit Tessier/File Photo July 24 (Reuters) - Binance and its CEO and founder Changpeng Zhao are planning to seek dismissal of a Commodity Futures Trading Commission (CFTC) complaint alleging the crypto exchange of violating the Commodity Exchange Act and certain related federal regulations, according to a court filing on Monday.

How many people use Binance?

But in the world of crypto, it's huge. More than a hundred million people use it to buy and sell bitcoin and other cryptocurrencies. But Binance is not just a trading platform like the New York Stock Exchange, according to Yesha Yadav. She's an expert on digital assets at Vanderbilt Law School.