Changpeng Zhao outlines Binance's survival-focused strategy amid global cryptocurrency regulation.
Blockchain News

Survival First: CZ Declares Binance’s Pivot from Growth to Regulatory Endurance

Global, April 2025: In a candid and revealing Ask-Me-Anything session, Binance founder Changpeng “CZ” Zhao delivered a sobering message that signals a profound strategic shift for the world’s largest cryptocurrency exchange. The core directive is no longer aggressive expansion but fundamental survival. This pivot underscores the immense pressure global regulatory bodies are placing on the […]

South Korea National Assembly passes new cryptocurrency law requiring criminal background checks for VASP shareholders
Blockchain News

South Korea Crypto Law: New Groundbreaking Legislation Mandates Criminal Record Checks for VASP Shareholders

Seoul, South Korea, January 30, 2025: South Korea’s National Assembly has passed a groundbreaking amendment that will fundamentally change how cryptocurrency firms operate within its jurisdiction. The new legislation requires virtual asset service providers (VASPs) to conduct criminal background checks on their major shareholders, marking one of the most significant regulatory developments in Asia’s cryptocurrency […]

New York State Capitol with cryptocurrency symbols representing the new CRYPTO Act legislation
Bitcoin News

New York Crypto Bill Sparks Alarm: CRYPTO Act Imposes Criminal Penalties for Unlicensed Firms

In a significant regulatory escalation, New York State lawmakers introduced groundbreaking legislation on April 15, 2025, that would impose criminal penalties on cryptocurrency companies operating without proper state licensing. Manhattan District Attorney Alvin Bragg and State Senator Zellnor Myrie jointly proposed the Crypto Regulation, Protection, Transparency, and Oversight (CRYPTO) Act, marking a pivotal shift from […]