The head of Binance.US has reportedly left the cryptocurrency company. Brian Shroder, who had been the exchange’s CEO since 2021, has resigned, the Wall Street Journal (WSJ) reported late Tuesday (Sept. 12). Taking his place will be Norman Reed, chief legal officer of the firm,...
To regain access to a steady flow of dollars, Binance.US, the American arm of the cryptocurrency exchange, has teamed up with MoonPay, a payment startup. Binance.US has faced numerous legal and financial challenges recently, with multiple banking partners cutting ties with the platform, leaving customers...
Binance.US has reportedly laid off about 50 people in the wake of recent regulatory action. The job cuts, reported Friday (June 16) by Reuters, came after the U.S. Securities and Exchange Commission (SEC) accused parent company Binance of securities law violations and tried to freeze...
Binance.US may reportedly be able to avoid having its assets frozen. The cryptocurrency exchange and the U.S. Securities and Exchange Commission (SEC) have agreed to work toward a deal that would not involve freezing the assets of Binance.US amid the company’s ongoing regulatory battle, Bloomberg...
December 12, 2022
Consumers are hungry for reassurance as fear, uncertainty and doubt pollute the crypto landscape. At the same time, the crypto industry is equally eager to shore-up user confidence via a mix of stability, trust, and regulation surrounding internal reporting and controls, among other things. This, as the widely reported collapse of cryptocurrency exchange FTX last […]
September 14, 2023
Binance.US, the American arm of cryptocurrency exchange Binance, is reportedly dealing with the departure of key legal and risk executives. Krishna Juvvadi, head of legal, and Sidney Majalya, chief risk officer, are leaving Binance.US, The Wall Street Journal (WSJ) reported Thursday (Sept. 14), citing unnamed sources. Binance.US did not immediately reply to PYMNTS’ request for comment. Their […]
September 13, 2023
The head of Binance.US has reportedly left the cryptocurrency company. Brian Shroder, who had been the exchange’s CEO since 2021, has resigned, the Wall Street Journal (WSJ) reported late Tuesday...
August 22, 2023
To regain access to a steady flow of dollars, Binance.US, the American arm of the cryptocurrency exchange, has teamed up with MoonPay, a payment startup. Binance.US has faced numerous legal...
June 16, 2023
Binance.US has reportedly laid off about 50 people in the wake of recent regulatory action. The job cuts, reported Friday (June 16) by Reuters, came after the U.S. Securities and...
