skip to Main Content
bitcoin
Bitcoin (BTC) $ 97,992.25 0.09%
ethereum
Ethereum (ETH) $ 3,364.90 1.64%
tether
Tether (USDT) $ 1.00 0.04%
solana
Solana (SOL) $ 253.29 1.44%
bnb
BNB (BNB) $ 661.35 0.95%
xrp
XRP (XRP) $ 1.41 3.11%
dogecoin
Dogecoin (DOGE) $ 0.426579 2.04%
usd-coin
USDC (USDC) $ 1.00 0.01%
cardano
Cardano (ADA) $ 1.02 5.56%
staked-ether
Lido Staked Ether (STETH) $ 3,364.42 1.60%

Binance.US Explores Ways to Decrease CZ’s Dominant Share: The Information

CoinDesk - Unknown

Binance.US and its founder, majority shareholder, and chairman, Changpeng Zhao, are looking into strategies for decreasing Zhao’s ownership in the crypto exchange, The Information reported.

According to The Information’s reporting, executives at Binance.US have deliberated on how this potential reduction in Zhao’s stake might enhance the company’s reputation amongst U.S. regulatory authorities.

Zhao is a Canadian citizen, but his exact residence is unknown.

A Binance.US spokesperson declined to comment when contacted by CoinDesk

Edited by Nick Baker.

DISCLOSURE

Please note that our

privacy policy,

terms of use,

cookies,

and

do not sell my personal information

has been updated

.

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a

strict set of editorial policies.

CoinDesk is an independent operating subsidiary of

Digital Currency Group,

which invests in

cryptocurrencies

and blockchain

startups.

As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of

stock appreciation rights,

which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG

.

CoinDesk - Unknown

Learn more about Consensus 2024, CoinDesk’s longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.


CoinDesk - Unknown
Loading data ...
Comparison
View chart compare
View table compare
Back To Top