Financial Times

Binance hid extensive links to China for several years

Binance hid substantial links to China for several years, contradicting executives’ claims that the crypto exchange left the country in 2017. Binance was sued by US regulators on Monday over allegations it had illegally served American clients.

Binance hid links to China despite claims of leaving the country in 2017.
Internal documents reveal Binance had an office in China until at least end of 2019.
Binance instructed employees to hide the company’s Chinese presence.
Binance US faces scrutiny in Washington over its proposed $1bn purchase of assets belonging to Voyager Digital.
Binance was sued by US regulators on Monday over allegations it had illegally served American clients.

Charting the Global Economy: Central Banks Hold as Prices Cool

Central banks around the world are pausing tightening campaigns as inflation eases and economies slow. Inflation-targeting regimes are keeping their own houses in order, while the US Fed's key inflation gauges fell to the slowest annual paces since late 2021.

Factbox: Turkey earthquake and some of the worst natural disasters of this century

Two massive earthquakes on Monday have devastated cities and towns across Turkey and Syria, with death toll of over 16,000. This is one of the worst natural disasters this century, alongside the 2004 Sumatran Tsunami, 2010 Haiti earthquake and 2008 Cyclone Nargis.

Take Five: Strap in for no landing

A raft of U.S. data and European inflation numbers will give guidance on how the world's top central banks will navigate the way ahead, including the hotly debated "no landing" scenario. Reports on U.S. durable goods orders, home prices, manufacturing and consumer confidence threaten to cement expec

Read next