Discover CZ, the influential figure behind Binance. Understand his impact on the cryptocurrency industry and market dynamics.
As part of cooperating with the New York Department of Financial Services (NYDFS), Paxos Trust should stop issuing Binance USD.
CZ says that Binance is setting up a recovery fund to help rebuild the industry as it faces a liquidity crisis - mistakes appear one by one.
Bloomberg journalists reported that PayPal suspended work on its own stablecoin amid the problems of Paxos and BUSD.
Changpeng Zhao supports the Terra community, but expects more transparency from the creators.
