In the latest development involving Changpeng Zhao (CZ), founder and former CEO of Binance, it has been announced that he has decided to resign as Chairman of the Board of Directors of Binance.US.
Binance.US Affirms Independence From Enforcement Matters
As announced, Binance.US, an independent entity from Binance.com, was launched with a primary focus on serving customers in the United States while adhering to all applicable US rules and regulations.
The platform emphasizes that it is not subject to any outstanding enforcement matters with the Department of Justice (DOJ), Financial Crimes Enforcement Network (FinCEN), Office of Foreign Asset Control (OFAC), or Commodity Futures Trading Commission (CFTC).
As such, Binance.US will remain “fully operational,” and the exchange has reaffirmed to its users its commitment to providing US customers with “uninterrupted access” to its products and services.
As CZ embarks on life after Binance, the US-based exchange states that Zhao
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