UPDATED SUN 08 NOV · 15:16 UTCLIVE
CryptoLow

Binance CFO departs; Ripple on regulation

Binance's CFO of five years leaves to start a company with YZiLabs support, while Ripple's CLO argues rules are for bad actors.

What we know

CZ praised Kaiser and said YZiLabs wants to back him. CoinDesk quotes Ripple's CLO at Swell.

Sources

@cz_binance

“YZiLabs is always keen to back ventures founded by current or former colleagues”

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@CoinDesk

“You have rules and regulations so the bad actors can't exploit the gaps.”

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By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.