Today in crypto, Binance has confirmed a home invasion involving an employee in France, with local outlet RTL reporting the targeted employee is the head of the crypto exchange’s France arm. Elsewhere, crypto executives have flooded the ranks of a new US CFTC advisory panel, and the Trump family-backed World Liberty Financial plans to offer its users foreign currency exchange and remittance services.
Binance confirms employee targeted as three arrested in France break-in
Three suspects were arrested in France after a reported break-in targeting the home of a senior figure at Binance’s French unit, with the company confirming to Cointelegraph that one of its employees was the victim of a home invasion.
Local outlet RTL, citing anonymous police sources, reported that three hooded individuals carrying weapons attempted to enter an apartment in Val-de-Marne around 7:00 am CET Thursday.
RTL said the suspects first forced their way into the apartment of another resident, demanding they direct them to the home of the head of Binance France. RTL reported the suspects searched the apartment and stole two mobile phones before fleeing.
Two hours later, the three suspects were reportedly arrested during a second home invasion attempt in Hauts-de-Seine after residents alerted authorities, RTL said. Authorities recovered the stolen phones and a vehicle that RTL said linked the suspects to the earlier break-in.
Binance confirmed the incident to Cointelegraph but declined to identify the employee involved.
“We are aware of a home break-in involving one of our employees. There is an ongoing investigation with the local police,” a Binance spokesperson said. “The safety and well-being of our employees and their families is our absolute priority. We are working closely with law enforcement and further enhancing appropriate security measures.”
CFTC adds slew of crypto execs to advisory committee
Commodity Futures Trading Commission chairman Mike Selig said on Thursday that it has expanded its Innovation Advisory Committee that shapes the regulator’s policies, adding a slew of crypto executives to the 35-member panel.
Selig said the committee will “ensure the CFTC’s decisions reflect market realities” and enable it to “develop clear rules of the road for the Golden Age of American Financial Markets.”
Of the 35 members making up the committee, 20 are tied to companies involved in crypto, while at least five are involved in prediction markets, and includes Polymarket CEO Shayne Coplan, Kalshi CEO Tarek Mansour along with Coinbase CEO Brian Armstrong, Ripple CEO Brad Garlinghouse, among others.
The panel also includes executives at traditional finance companies Nasdaq, Intercontinental Exchange, Cboe Global Markets and CME Group.
The appointments come as Selig has signalled the CFTC will be more receptive to crypto and has started work with the Securities and Exchange Commission to coordinate on how to regulate the sector.
Trump family’s WLFI plans FX and remittance platform: Report
World Liberty Financial (WLFI), a decentralized finance (DeFi) platform backed by the family of US President Donald Trump, announced on Thursday that it will launch foreign currency exchange (FX) and remittance services for its users.
The planned foreign exchange and remittance platform, called World Swap, seeks to challenge traditional remittance and FX service providers with lower fees and a simplified user interface, according to Reuters.
No exact timeline was given for the rollout. Cointelegraph reached out to World Liberty Financial but did not receive a response by the time of publication.
The expansion into FX and remittances follows WLFI's application for a national trust bank charter in January and the launch of World Liberty Markets, a lending platform, as WLFI continues to grow while attracting scrutiny from Democratic lawmakers in the US.
