How the Fintech Rally Could Fizzle in 2024

[ad_1] Financial-technology companies have rallied in 2023 even as rates rose. Some could now face risks from falling rates, as well as stepped-up competition. Higher rates did hit “fintech” stocks…

Binance Copped a $4 Billion Plea but Is Still Fighting the SEC

[ad_1] WASHINGTON—When top Biden administration officials gathered last month at the Justice Department to announce a $4.3 billion legal resolution with Binance, one powerful regulator was absent. Attorney General Merrick…

Binance Begins Again With U.S. Oversight. Will It Survive?

[ad_1] Binance’s second act starts now.  The largest global crypto exchange and its chief executive and co-founder, Changpeng Zhao, pleaded guilty last week to ignoring anti-money-laundering rules while serving U.S.…

Essay | Binance and the End of Crypto’s Dream to Escape From Government

[ad_1] On Nov. 21, Binance, the world’s largest cryptocurrency exchange, pleaded guilty to breaking U.S. anti-money-laundering laws. Its CEO has stepped down, and the company will pay $4.3 billion in penalties. While…

Why Stamping Out Crypto Bros Could Help Bitcoin

[ad_1] Such is the wackiness of the crypto world that a regulatory crackdown might actually revive investor optimism. Earlier this week, Binance Chief Executive Changpeng Zhao pleaded guilty to money-laundering violations…

Binance Guilty Plea Shows What Crypto’s Really About

[ad_1] Nov. 22, 2023 12:27 pm ET So it turns out that of the two largest crypto exchanges, one was a fraud and the other was a money launderer. Whoever…

Binance Founder Changpeng Zhao Steps Down, Pleads Guilty

[ad_1] The chief executive of Binance, the largest global cryptocurrency exchange, stepped down and pleaded guilty to violating criminal U.S. anti-money-laundering requirements, in a deal that might preserve the company’s…

Binance Founder Changpeng Zhao Agrees to Step Down, Plead Guilty

[ad_1] The chief executive of Binance, the largest global cryptocurrency exchange, plans to step down and plead guilty to violating criminal U.S. anti-money-laundering requirements, in a deal that may preserve…

Cathie Wood Urges Investors to Heed the Risks of a Deflationary World

[ad_1] Cathie Wood still expects the price of bitcoin to hit $1 million someday.  The founder of ARK Investment Management built the firm into an investor darling during the Covid-19…

WSJ News Exclusive | Key Witness at Sam Bankman-Fried Trial to Launch New Crypto Exchange

[ad_1] A group of former FTX executives, including one who served as a key witness against Sam Bankman-Fried, are teaming up to build a new cryptocurrency exchange that aims to…