Binance CEO, Changpeng Zhao

Binance CEO Is Opposed to Banning All Russian Users

Changpeng Zhao has said that Binance, the company of which he is CEO, will comply with regulations targeting various Russian businessmen. Zhao, however, says that the company will not extend restrictions to all Russian users. Zhao claims that it would be something “unethical for us to do.” The CEO of the crypto exchange says that such measures should not be taken unilaterally. In other words, Zhan has confirmed there will be no full-scale Russian ban from Binance. Various Russian businessmen, dubbed oligarchs, are targetted with sanctions. These come in an attempt to stop Russia’s invasion of neighboring Ukraine. The military...

Warren Buffett invests in crypto-friendly bank. What does this mean?

Warren Buffett Has Invested in Crypto-Friendly Bank. Is This an Endorsement From the Sage of Omaha?

Famously, Warren Buffett once referred to all cryptocurrencies as “rat poison“. Don’t take the Sage of Omaha’s words as gospel just yet. Mr. Buffett seems to have had a change of heart. Warren Buffet‘s Berkshire Hathaway purchased $1 billion of stock in a digital banking institution that focuses on cryptocurrency. Berkshire Hathaway announced its crypto investment through a SEC filing. It was revealed that Buffett’s firm had bought $1 billion worth of shares in Nubank, a Brazilian digital bank and one of the most important in Latin America. After a bullish quarter that saw an all-time high of $63,000 per...

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