Changpeng Zhao, who started Binance, is no longer allowed to run the company. This was confirmed by the current CEO, Richard Teng. The ban happened after Changpeng Zhao admitted to helping with money laundering and breaking U.S. laws. Because of this, the U.S. Department of …

After going to court, he was placed under judicial supervision, which has drawn a lot of attention. French prosecutors charged Pavel Durov because of his role as Telegram CEO. See Also: Arrest of Telegram CEO Wasn’t Political Says President Macron Release Conditions For Pavel Durov …

French President Emmanuel Macron clarified that the arrest of Telegram CEO Pavel Durov was not a political decision but part of a legal investigation. Macron posted online, saying that France values freedom of speech, communication, and business. He stressed that in a country where laws …

Bitcoin’s price went up to over $62,000, and Ethereum reached $2,700 after Jerome Powell, the Chair of the US Federal Reserve, mentioned that Fed rate cuts are likely coming soon, possibly in September. Powell’s comments during his speech at the Jackson Hole event on Friday …