@kolgotada · Post #1960 · 26.06.2024 г., 11:22
🇷🇺ЧИТАТЬ НА РУССКОМ Binance CEO Teng Sees ‘Landmark’ Year as Crypto Goes Mainstream Binance Holdings Ltd. CEO Richard Teng has declared 2024 as a "landmark year" for the crypto industry, thanks to growing regulatory clarity, mainstream adoption, and the launch of exchange-traded funds tied to Bitcoin. Customer assets on #Binance's cryptocurrency exchange have grown by $42 billion in 2024, with 200 million registered users this month. Monthly active users increased by 12.5% from February to May. Teng was appointed as Binance's CEO in November, replacing founder Changpeng "CZ" Zhao as part of a settlement with US authorities that included over $4 billion in penalties. Zhao remains Binance's largest shareholder and became the wealthiest US prisoner when he began a four-month sentence in California this month. Binance pleaded guilty to violating US money-laundering regulations and trade sanctions last year, agreeing to remove Zhao and submit to a three-year monitoring arrangement as part of its plea deal. Binance currently has about $114.6 billion in assets on its exchange, according to tracker #DeFiLlama. The growth at Binance corresponds with a strong rebound in cryptocurrency markets following a bear market and series of industry bankruptcies in 2022. Bitcoin reached a record high of $73,798 in mid-March, but it has struggled to maintain that level amid shifting interest-rate expectations. Binance is in "close touch" with its customers regarding the bankruptcy of #FlowBank SA, which had partnered with Binance in an arrangement that allowed clients to keep their trading collateral at the bank, instead of on the crypto platform. Source: Bloomberg KolgotA • Crypto • Economy • Statistics
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