besides, binance has fired about a third of its employees. cointelegraph, one of the spokespersons of binance usa, confirmed the resignation of brian shedd and announced that this decision was taken in order to continue the activities of these exchanges and to become an exchange focused on digital currencies. he said that the aggressive efforts of the us securities exchange commission for flash the destruction of our industry has consequences for jobs and innovation in the united states, and this is an unfortunate example of it. it is said that as one of the senior legal staff of the us securities and exchange commission and the futures trading commission of this country , binance has been started since the beginning of this year. its american branch was sued for violating the securities and commodity laws and accused them of misusing users' assets. following these complaints, binance suspended all dollar deposits on june 20 and told its customers. announced in this legal win with the stock exchange commission also stops the withdrawal routes

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the talent is coming from outside of binance!king people hear that because you are saying this in other companies that we are seeing places like old meant to same exact thing. as far as talent leaving and going other places, having a relationship to the extent you could prove that the relationship is flying out, that is the benefit of having your first job or such a high-level position at savage a key exchange as you build a new crypto product -- a position at such a key exchange as you build a new crypto product. ed: finance like many others is as -- binance is just as embattled as any other with the fcc? >> that is a big problem here when it comes to the lawsuits they are facing as well as the regulatory scrutiny particularly here in the u.s. and is not just the sec that it is facing, we are not too many months away from when they are owed stablecoin product, they faced scrutiny here via the issuer that i worked with -- that they worked with. critical pieces of the puzzle when you think about the crypto industry relies on. and

over the next few months, binance will close exchange services and other business areas in russia.n process will take about a year. the company assures that all user assets are reliably protected. russians registered accounts. hard to tell. the exchange does not disclose, but by indirect methods, this is definitely more than 10 million verified russian accounts on the cryptocurrency exchange, on the one hand, there are a lot of russians who are registered and used the crypto exchange both for trading and currency exchange and p2p, but also for binance russian market is very large, this is the top five. the crypto exchange was launched in 2017. the global company was founded by chinese-canadian developer and businessman changpeng jao. and ihe, who is responsible for business, marketing and brand strategy. the volume of platform assets today exceeds $61 billion, and the number of clients around the world is more than 90 million. this exchange declares that it is choosing, let’s say, a certain market, in particular, it says that it plans to leave the russian market, in this there is a

and documents have been approved to remove several stablecoins from exchange transactions binance hazar, the chairman of the us securities and exchange commission, told the house of representatives and robin hood's update in today's package of news about the removal of some currency pairs from binance , the primary cryptocurrency exchange. in contrast to this, stacey and bmw have been removed . binance ois pairs are being carried out, which is a digital currency exchange with this, and the gradual support of this policy continues. on steel with this policy a fox business reporter said that the chairman of the us securities and exchange commission, griey, is scheduled to testify before congress again next month , once before the senate banking committee and once again before the house financial services committee. these plans follow a series of criticisms and accusations of legislation. republicans, in particular, have turned to a ranking member of the house financial services committee , calling it too aggressive for regulation of digital assets. hood adds support for bitcoin and dogeco

binance has been causing problems in russia for a long time and everyone was thinking when to find itave already changed for a long time and are serviced by other birs, so that’s it. it’s not just a supernatural, incomprehensible decision for everyone, everyone understood that he would leave, he doesn’t leave on his own, in his place another company appears that will buy his russian assets, so this is the question here , it’s like mcdonald’s its russian business the crypto exchange decided to sell the company comex, indeed, a structure that claims that it is acquiring a certain russian business, i repeat, benans does not have any russian business as such it was, therefore, that they were trying to sell to someone, this is also a big question, most likely this is an attempt to transfer russian users to another platform, together with comex, baynence will inform users about the procedure for transferring their assets to the russian platform, new users who have passed the verification procedure personal data will be partially redirected... to comex, and baynens itself will develop busine

binance and its founder have been the subject of regulatory reviews in the u.s..ng with a major setback to the growth in nature. a band that inhibits companies from facilitating this. in a policy showing that locals will not be squeezed out. caroline: now you've got a real focus in the spotlight, where we are going to be talking electric boats. take it away. ed: two interesting people coming up. the arc cofounder and cto, ryan cook alongside one of the partners at eclipse. they want to expand election operations in the marine industry. the tesla playbook to go mass-market in boats. i want to start with you. you had a limited number, fewer than 20 of these printer thousand dollar battery electric boats. the nexgen model is going to come in 2024 but we don't know anything about it. tell us where these funds go to develop this model. >> thanks. the funds really go to those extending production into a more mass-market vehicle. new york one was limited-edition -- the ark one was limited edition and now you want to focus on everything on the water in the marine industry

ftx is out of business and chased binance out of america and charged them both the head guy and the business regulators put charges on them. he's running around the world trying to catch him. who knows where. this is what's frustrating and why the senators and governors, men and women in law making are unhappy. we're letting innovation slip away. let me give you a good example. this hasn't been announced yet, but in abu dhabi, they're planning the launch of new exchange to replace both ftx and binance and they're going to get billions called m2. totally compliant, backed by billions of dollars in credibly stable ownership transparency and can be used by anybody in the world legitimately on a compliant basis. where do you think all this innovation is going to go? it's going to go to the uae. it's going to go to abu dhabi. it's going to become the new standard in exchanges because you can't hold bitcoin without an exchange forly quitty and -- for liquidity and gensler shut down bitcoin and abu dhabi is putting up its hand and saying we can do it over here. if you can't get it done there, we'll

in this case, binance, one of the most popular in the world. ..onto this wallet. where it gets tricky. how do you get your money off the exchange? ok, so i've got a qr code now for my new wallet, so i'm going to scan that with the app. invalid. right. ok, so, what do i do now? after a bit of good, old—fashioned online troubleshooting, we're in. it's a bit worrying, this moment, because, of course, i've had this cryptocurrency for years and years. there's not much there, but just sort of trusting the process. so, here we go. i'm going to click on withdraw. just have to wait. i hope it worked. now, that was stressful and complicated, but i'm now my own crypto bank. no—one has access to my little stash apart from me, but it's also a lot of pressure. it's just such a different experience from internet banking, for example, where, you know, you send money from one person to the next, then it keeps you informed of...you know, of all the process, but it's not intuitive at all. i can see why the process is daunting to the vast majority out there, choosing to take the easi

the world's largest cryptocurrency exchange, binance, has sold its business in russia.ws denis talolaev. denisa, what does this mean for russian clients? egor, they will be transferred to another platform and they say that all assets of russian clients are safe. the world's largest cryptocurrency exchange, bynence, is leaving russia. today she announced that she will sell her entire russian business to commek. all current russians will also be transferred there. clientsnce along with their assets. they promise that the process will be smooth and will take up to a year, and baynens emphasizes that it is leaving completely, after the sale of the russian business it will have neither the rights to part of the profits from it, nor the option to buy this business back. bayness was founded in shanghai in 2017, but then for various reasons , including due to the attention of regulators, it was forced to move its headquarters first to japan, then to malta, then the media found traces of bayness in the cayman and seychelles islands. now the headquarters is the company has no off

accused binance u.s., its holdings and founder of mishandling customer funds and misleading investorsnd regulators. in marc they charged him with a violation of federal law. it dropped briefly for the first time in three months yesterday. >>> and shares of oracle are facing pressure again today after suffering the biggest one-day decline since 2002. down more than 13%. the loss is coming after oracle's first quarter revenue slightly mised forecast and it gave weak guidance for the first quarter. >>> a lot more to come on "worldwide exchange" including one word investors have to know today. >>> first, gearing up for the arm's ipo tomorrow and tech giants getting in on the ground floor. the latest private company set to test the private waters one letter-bound sandal at a time. >>> and later, we speak with number four ranked andrew grinstadt who's giving advice to one of the most historical stocks. >>> we have a busy hour ahead when "worldwide exchange" returns. to use predictive monitoring to address operations issues? we can help with that. can we provide health care virtually anywher

courses, only in long-term training programs a loophole has been taken away, and those who used the binancele; transfers can only be made in rubles, that is, to withdraw russian income abroad. it's as easy as it used to be. in general, for years everything suited everyone now, bam, and that means russian. so some kind of defective evgenievich, as i understand it, you go to bulgaria every summer. yes, you feel something. well, you don't work there. come to rest. there is a feeling of a change in relations, but in general it is necessary to share. e people of bulgaria and the state of bulgaria because people are very different things likes russians are waiting for us. eh, in general, well, the best is the most pleasant. uh, and the experience is the feeling of staying. there, with regard to the state. of course, they, uh, act absolutely in line with western, uh, and american instructions. here, more than the bulgarians themselves admit it, that they cannot do anything to influence their policies. what is this sarasya? that's all, as they say breaks through, and you even joked. uh, taxi driver