Binance today's exciting news 🗞️ 🗞️
- *Binance to exit the U.S. market*: Binance will be leaving the U.S. market due to regulatory issues and will pay billions in fines. The exchange will pay $3.4 billion to FinCEN and $968 million to OFAC as part of these settlements.
- *Changpeng Zhao's sentencing*: Binance founder and former CEO Changpeng Zhao is expected to be sentenced on April 30 after pleading guilty to money laundering in November 2023.
- *Philippines SEC removes Binance app*: The Philippines SEC mandates the removal of the Binance app from Google and Apple stores in the country, citing security threats to investors and, potentially, the local economy.
- *BNB Chain to move native liquid staking feature to BSC*: The liquid staking feature makes it so that users can engage in decentralized finance activities in quite the unusual way.
- *DOJ seeks harsher punishment*: The DoJ is seeking a harsher punishment of 3 years for Binance's former CEO, Changpeng Zhao.
