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According to sources close to the discussions with the agency, Changpeng β€œCZ” Zhao, the founder of Binance, is stepping down as the CEO of the cryptocurrency exchange as part of a significant $4 billion settlement between the Department of Justice and Binance.

The settlement will be with the DOJ and Commodities Futures Trading Commission, and the Securities and Exchange Commission will not be participating.

In addition, Zhao will plead guilty to anti-money laundering charges brought by the Department of Justice as part of the settlement.

The Wall Street Journal reported that he is scheduled to enter the plea in federal court in Seattle on Tuesday afternoon.



#Binance #CZ #BNB #DOJ #Coinpedia #Crypto
The cryptocurrency market exhibits robust growth with a 6.43% increase in global market cap to $2.13T and a bullish surge in trading volume up by 113.06%.

Leading the charge, Bitcoin's price soars to $56,008.98, solidifying its market dominance amidst a widespread uptrend in digital assets.

#Crypto #Trading #Market #BTC #ETH #BNB #XRP #SOL
It's all about taking that first step!

Which #cryptocurrency was your first investment?

Comment Below πŸ’¬



#Bitcoin #Ethereum #BNB #Cardano #XRP #Tron #Dogecoin #ShibaInu #Solana
Top Crypto Supply Changes:

Check out how the circulating supplies of top cryptocurrencies have evolved from 2021 to 2024!


#Bitcoin #Ethereum #BNB #Dogecoin #Solana #MarketTrends #CoinPedia
Top 10 Cryptocurrencies by Market Cap! πŸ“Š

Curious about which cryptocurrencies are leading the market? Here's the latest snapshot of the top 10 cryptocurrencies by market cap:

Bitcoin (BTC): $1,358,499,870,661
Ethereum (ETH): $452,313,477,607
Tether (USDT): $112,242,780,862
BNB: $94,998,103,830
Solana (SOL): $76,068,048,492
USD Coin (USDC): $32,281,201,833
XRP: $29,025,511,305
Dogecoin (DOGE): $22,921,297,318
Toncoin (TON): $16,724,532,950
Cardano (ADA): $16,277,173,342

Bitcoin continues to dominate, but the competition is heating up! πŸ”₯

Stay tuned to CoinPedia for all the latest crypto insights and updates! πŸ“°πŸš€



#Cryptocurrency #MarketCap #Bitcoin #Ethereum #Tether #BNB #Solana #USDC #XRP #Dogecoin #Toncoin #Cardano #CryptoNews #Blockchain #CoinPedia
Is #BinanceCoin ($BNB) Legal on Secondary Markets?

Why Was the
#SEC's Claim on #BNB Secondary Market Sales Dismissed?

What's Next for
#Binance After Partial Court Victory? #Crypto #CryptoNews

Don't Miss This Interesting Article πŸ‘‡πŸ‘‡πŸ‘‡
https://coinpedian.substack.com/p/binance-vs-sec-update-sec-strikes
Top #CryptoNews This Week

1️⃣
#VanEck applies for first #SolanaETF in the U.S., emphasizing blockchain benefits.

2️⃣ SEC nears approval for
#Ethereum spot #ETF launch by July 4th.

3️⃣ Former President Trump considers speaking at
#Bitcoin 2024 conference in Nashville.

4️⃣ Biden reappoints Carole House as special advisor on
#cryptocurrency to NSC.

5️⃣ Nomura: 54% of Japanese institutional investors plan cryptocurrency investments by 2027.

6️⃣ Bolivia lifts ban on
#Bitcoin and cryptocurrencies; not legal tender.

7️⃣ Turkish Parliament passes law requiring
#crypto service providers' authorization.

8️⃣
#Binance bans 297 accounts involved in Megadrop fraud attempt.

9️⃣
#Bybit undergoes senior management reshuffle amid operational adjustments.

πŸ”Ÿ
#MtGox to start repaying creditors in #BTC and #BCH from early July 2024.

1️⃣1️⃣US court allows SEC to proceed with most claims against Binance, rejecting
#BNB trading illegality.
Spot vs. Derivatives: A Combined Market Share Overview for August 2024

πŸ”ΉThe #Crypto giant #Binance holds a commanding 38.7% of the combined spot and derivative #CEX market, outpacing all competitors.

πŸ”Ή#Bybit has set new records, with its spot market share at 9.89% and derivatives at 15.9%, matching #BNB's achievements.

πŸ”ΉWith a 13.3% market share, #OKX solidifies its place as a major player in the CEX space.

Source:
@CCData_io


#CoinPedia #cryptomarket #Blockchain #cryptocurrency
Key Events This Week In #Crypto

πŸ”΅September 26 ( Thursday) : US GDP Q2

πŸ”΅September 26 ( Thursday) :
#Fed Chair Speech

πŸ”΅September 29 (Sunday) :
#CZ's Release from Prison

#Cryptomarket #Cryptonews #BNB #Binance
Will #CZ's Release Transform the Crypto Landscape?

Is it a game-changer or just another day in the #Crypto circus?

Hold onto your walletsβ€”things are about to get interesting!

#CoinPedia #CryptoNews #BNB