![]() ![]() All along, the objective of our engagement has been consistent: work constructively toward a clear, practical regulatory framework that enables businesses like ours to grow, create jobs, and provide American consumers safe access to digital assets," the post reads. "For nearly two and a half years, Binance.US has engaged in good faith with the SEC. Unfortunately, the SEC's refusal to productively engage with us is just another example of the Commission's misguided and conscious refusal to provide much-needed clarity and guidance to the digital asset industry."īinance.US also responded, disputing the SEC's claims in a Twitter post. "We intend to defend our platform vigorously. Key Points Binance CEO Changpeng CZ Zhao said he’s willing to step down from his role as the cryptocurrency exchange seeks to become a regulated financial institution. customers to its unregulated international exchange. "While we take the SEC's allegations seriously, they should not be the subject of an SEC enforcement action, let alone on an emergency basis," Binance said. The SEC sued crypto exchange Binance and its billionaire founder, Changpeng Zhao, alleging that they worked to attract U.S. Changpeng Zhao’s net worth overtook billionaire Mukesh Ambani. That would put 'CZ' in the ranks of the worlds wealthiest and not far off Mark. Changpeng Zhao’s net worth overtook billionaire Mukesh Ambani. Binances Changpeng Zhao is worth 96 billion, according to a new estimate from Bloombergs Billionaires Index. The post Binance CEO Changpeng Zhao Is The Wealthiest Crypto Billionaire At 96B: Bloomberg appeared first on CoinGape. It also aims to push on its mainstream adoption across the financial technology sector. JanuCrypto News Bloomberg estimates Binance CEO Changpeng Zhao has a net worth of 96 billion, excluding crypto holdings. Binance had instigated a 1-billion enterprise to enhance the development of the Binance Smart Chain ecosystem.In a blog post, Binance said it was disappointed by the lawsuit, adding that it had recently been in "good-faith discussions" to reach a settlement that would've resolved the SEC's probe. Binance’s CEO, Zhao has a net worth of 96 billion Baisakhi Mishra JanuCrypto News Bloomberg estimates Binance CEO Changpeng Zhao has a net worth of 96 billion, excluding crypto holdings. Binance’s CEO, Zhao has a net worth of 96 billion Baisakhi Mishra ![]()
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