Binance’s Tech Workforce in China Draws US Regulators’ Attention

Binance.US, a subsidiary of Binance created to cater to US customers, reportedly maintains a significant technology workforce in China, as per sources cited by Bloomberg. However, the connection to China could potentially raise regulatory concerns for the company, as noted by the same source. ...

Stellar CEO Urges US Lawmakers to Regulate Stablecoins to Strengthen National Currency

According to an interview with Bloomberg, the CEO of the Stellar Development Foundation, Denelle Dixon, believes that US lawmakers need to develop regulation for stablecoins tied to the US dollar. This would help strengthen the value of the national currency, as US financial regulators are increa ...

Stellar CEO calls for regulation of stablecoins pegged to the US dollar

In a recent interview with Bloomberg, Denelle Dixon, the CEO of the Stellar Development Foundation, shared her views on the need for US lawmakers to regulate stablecoins pegged to the US dollar. Dixon believes that such regulations will not only help strengthen the value of the national currency ...

Commodity Futures Trading Commission Sues Binance for Violating US Laws

The Northern District of Illinois has recently seen a lawsuit brought against Binance by the Commodity Futures Trading Commission, alleging a lack of registration and potential violations of US commodity market laws. The CFTC has specifically targeted Binance's CEO, Changpeng Zhao, as well as the ...