Pareto

From Dominance to Compliance

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Time Stamp: December 3, 2023 1:04 PM - Modified On: December 3, 2023 - Published By:
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Republished By Plato

Last Tuesday saw Binance settle its long-running legal disputes with several U.S. government agencies, including the Department of Justice (DoJ), the Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN), the Office of Foreign Assets Control (OFAC), and the U.S. Commodity Futures Trading Commission (CFTC). However, they failed to reach an agreement with the Securities and Exchange Commission (SEC) regarding their pending charges. As part of the settlement, Binance has agreed to pay an eye-popping fine of $4.3 billion. Furthermore, Changpeng Zhao (CZ), the CEO of Binance, will step down

From Centralized to Decentralized

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Time Stamp: May 7, 2023 3:52 PM - Modified On: May 7, 2023 - Published By:
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Republished By Plato

The issue of governance is a hot topic in crypto right now due in part to the regulatory clampdown that’s taking place in the US. However, the issue isn’t as simple and straightforward as some might imagine. Although it’s gaining popularity at present, it’s something that’s always been at the heart of our plans as Deniz, our CEO explains, “I believe that governance is a vital aspect of the Paribus vision and it will be very important to ensure our long-term success.” He adds, “The goal of transitioning into a