Binance CEO Changpeng Zhao built the world’s largest digital currency exchange. Now he faces a looming regulatory crackdown in a brutal crypto winter.
During the first few months of this year - back when buying digital tokens named after dog memes was still seen, at least in some of the most forward-thinking circles, as a perfectly reasonable way to participate in finances bright new future - the cryptocurrency exchange Binance promoted a new, low-risk way to get in on the action.