Tag: CEO

Binance.US Hires Compliance Lawyer as New CEO

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Stephen Gregory, a former compliance executive at CEX.IO and Gemini, has taken over as CEO of Binance.US, a crypto exchange that was once a target of a long-running SEC lawsuit. Binance.US, the US affiliate of crypto exchange Binance, has named compliance lawyer Stephen Gregory as CEO as the company looks to re-expand in the country. The company said on Wednesday that Gregory took over from former CEO Norman Reed on March 9, who will now serve in an advisory role. Gregory is the former CEO of crypto exchange Currency.com and…

Coinbase CEO Brian Armstrong faces shareholder lawsuit over compliance failures and disclosures

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Brian Armstrong and several of Coinbase’s most senior leaders are now defendants in a shareholder derivative lawsuit that accuses them of issuing misleading statements about how the exchange safeguarded customer assets, vetted token listings, and maintained anti-money laundering programs. The complaint, filed March 3 in the US District Court for the District of New Jersey, covers a period from April 2021 through June 2023 — years during which the company went public, grew into the dominant US exchange, and attracted a cascade of regulatory actions. The suit was brought by…

Berkshire Hathaway resumes buybacks for first time since 2024 as CEO Greg Abel also buys stock

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Berkshire Hathaway has resumed repurchasing its own shares for the first time since the second quarter of 2024, according to a new regulatory filing that signals the conglomerate again sees its stock trading below intrinsic value. The company disclosed it began buying back Class A and Class B shares on March 4 under its long standing repurchase policy, which allows Berkshire to buy stock whenever management believes the market price is below its conservatively estimated intrinsic value. The move comes as Berkshire sits on roughly $373.3 billion in cash and…

Revolut Renews US Banking Push with Charter Application and New US CEO

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Fintech company Revolut filed a new application for a US national bank charter as it renews its push into the North American market, marking the company’s second attempt to secure a US banking license. The London-based company said Thursday that it submitted an application to the Office of the Comptroller of the Currency and the Federal Deposit Insurance Corporation to establish “Revolut Bank US, N.A.” The company also appointed fintech veteran Cetin Duransoy as the company’s new US CEO. Duransoy brings more than two decades of experience in banking, payments…

Trump held private meeting with Coinbase CEO Brian Armstrong before urging banks to support crypto bill

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A delegation from Coinbase, led by CEO Brian Armstrong, was at the White House on Tuesday, according to Crypto in America’s Eleanor Terrett. The visit was reported hours after President Donald Trump issued a statement on Truth Social, urging banks to make a deal with crypto firms over the key crypto market structure bill. It was confirmed by Politico that Trump had held a closed-door meeting with Armstrong before making his public comments. In his remarks, Trump criticized banks for standing in the way of pro-crypto bills such as the…

BTC Price Bottom is Forming as Four-Year Halving Cycle Ends Says VanEck CEO

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​The price of Bitcoin is close to its bottom, according to VanEck CEO Jan van Eck, pointing to the winding down of the four-year cycle. Speaking with CNBC on Monday, van Eck said his firm expects Bitcoin (BTC) to gradually start picking up this year, arguing that the four-year halving cycle has been the primary driver of price over the past few months, as opposed to anything related to BTC’s fundamentals. “Our view coming into 2026 is that Bitcoin is governed by […] limited supply at 21 million, and the…

JPMorgan CEO Jamie Dimon pushes level playing field for stablecoin rewards

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JPMorgan Chase CEO Jamie Dimon said he welcomes competition and advances in blockchain technology but stressed that stablecoin rewards should operate under a level regulatory playing field. Addressing reported tensions with Coinbase CEO Brian Armstrong over crypto market structure legislation and the question of whether exchanges should be permitted to offer stablecoin rewards, Dimon said that banks consider those rewards to be the equivalent of paying interest on deposits. He added that any company holding customer funds and offering interest is effectively acting as a bank and should face the…

Empery Digital Shareholder Urges BTC Sale, CEO Exit

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A major shareholder in Empery Digital has called on the company to abandon its Bitcoin-centric strategy, sell its digital asset holdings and return the proceeds to investors, along with demanding the resignation of the CEO and the entire board of directors. In a letter to the company’s board on Monday, Tice P. Brown, who is the beneficial owner of roughly 9.8% of Empery Digital’s outstanding shares, accused management of entrenching themselves at shareholders’ expense.  Brown said that Empery Digital’s leadership privately approached him on Feb. 18 with an offer to…

Binance CEO Hints at Legal Action over Report on Iranian Sanctions

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Binance CEO Richard Teng took to social media on Tuesday to attack what he called “inaccurate reporting” by the Wall Street Journal regarding investigators at the crypto exchange uncovering $1.7 billion in digital assets moving to Iranian entities. In a Tuesday X post, Teng said the report, published on Monday, contained “defamatory claims,” including a letter from Binance’s legal team “demanding immediate corrections and a full retraction of these false statements.”  “Your Article is false, seriously misleading to your readers, and defamatory of our client,” said the letter to WSJ…

Russia Reportedly Investigates Telegram CEO Over Facilitating Terror

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Russian authorities have initiated a criminal investigation into Telegram co-founder and CEO Pavel Durov, according to state media reports. Durov is being investigated in Russia as part of a criminal case involving allegations of facilitation of terrorist activities, official state publication Rossiyskaya Gazeta reported on Tuesday, citing the Federal Security Service (FSB). Kremlin spokesman Dmitry Peskov reportedly confirmed the investigation, saying the news reports were based on materials from the FSB, which was “carrying out its functions.” The latest news adds to an ongoing pressure campaign against Telegram in Russia…