Friday, March 29, 2024
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New Binance CEO reluctant towards senior leadership changes

Binance’s new CEO, Richard Teng, emphasizes the leadership team’s continuity following the DOJ settlement, ensuring operational stability amid legal challenges. Despite the earlier resignation of Changpeng Zhao as chair of Binance.US, the newly appointed Binance CEO, Richard Teng, is reluctant to change the exchange’s executive leadership team. This statement comes amid

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Weekly Jobless Claims Climb to 198,000 as Employers Remain Reluctant to Downsize

The latest jobless claims indicate that the US labor market is tight amid rising interest rates as applications rose by 7,000. According to the Labor Department, US weekly jobless claims have climbed to 198,000, representing an increase of 7,000. Although the new figure is slightly higher than the 195,000 expected, it is still generally

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Indian crypto industry expanding, regulators seem reluctant to engage

The people of India are awaiting access to crypto banking services, as British-based fintech firm Cashaa has collaborated with India’s United Multistate Credit Cooperative Society to launch a crypto-centric banking company called Unicas that will initially open 34 branches in Northern India and plans to have expanded to 100 branches

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