#StablecoinLaw Binance is the world’s largest cryptocurrency exchange by trading volume. Founded in July 2017 by Changpeng Zhao (CZ) and Yi He, it quickly rose to prominence and now supports over 500+ crypto assets, including spot, margin, futures, staking, and NFT products
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. Headquartered without a single location, it initially moved from China to Japan, then Malta, and today operates globally with no fixed HQ .
Beyond trading, Binance offers:
Binance Smart Chain → now BNB Chain
Binance Academy (educational hub)
Trust Wallet (crypto wallet)
Binance NFT marketplace
Binance Charity, Labs, Research, Launchpad, and more
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🏛 Leadership & Regulation
Changpeng Zhao (CZ): Founder who led the exchange until stepping down after pleading guilty to anti‑money‑laundering violations. He served a four‑month sentence, paid ~US$4 billion in fines, and now acts as an advisor, including to Pakistan’s Crypto Council
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Richard Teng: Took over as CEO in late 2023. With a background in regulation (MAS Singapore, Abu Dhabi Global Market), he’s steering Binance toward stronger compliance
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Binance has faced heavy regulatory scrutiny globally—U.S. SEC suit, a US$4 billion fine in 2023, plus investigations in France, Germany, and the UK .
🧭 Recent News & Updates
Alleged covert support for Trump stablecoin: According to a recent report, Binance supposedly helped build and market the Trump family’s USD1 stablecoin before Zhao pursued a pardon
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Strong regulatory pivot: Under Richard Teng, Binance is emphasizing compliance and engaging with regulators in the UK, EU, and US—hoping to rebuild trust and reenter restricted markets
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