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Richard Teng, who took over as Binance’s CEO in 2023, has stated that the company does not plan to pursue an initial public offering (IPO) as he lays out a long-term vision for the exchange. Teng succeeded Changpeng “CZ” Zhao, who stepped down after a major settlement with US authorities.
Mercado Libre, the leading e-commerce giant in Latin America, has introduced a new US dollar-pegged stablecoin through its digital banking service, Mercado Pago.
Tether, the leading stablecoin issuer, is set to launch a new digital currency tied to the UAE dirham (AED).
Robinhood has added new trading features to its Android app, now offering stop-loss and stop-limit orders for cryptocurrency transactions.
State Street has announced a strategic partnership with crypto custodian Taurus to enhance its offerings in tokenization and digital custody services for institutional investors.
The independent presidential campaign of Robert F. Kennedy Jr., known for his pro-crypto stance, is considering a major change.
Blast Network, an Ethereum layer-2 scaling solution, is experiencing significant setbacks, with major declines in both its total value locked (TVL) and daily active users, raising doubts about its long-term viability.