Richard Jones

Changpeng Zhao, the founder of cryptocurrency exchange Binance, faced a refusal from a federal judge last month to travel to the United Arab Emirates, despite offering a $4.5 billion equity as a guarantee for his return to the United States, reveals a new filing. What Happened: This equity value is...

Changpeng Zhao, famously known as CZ, and the architect of cryptocurrency exchange Binance, has been restricted from traveling back to the United Arab Emirates. What Happened: The decision stems from Zhao's guilty plea to charges related to breaching the Bank Secrecy Act. With his sentencing set...

The euro has traded below $1.20 versus the U.S. dollar since January 2015 — that is, until Tuesday. The shared European currency has now gained more than 14 percent against the U.S. dollar since the start of 2017 but has many investors questioning where the strength is coming from. The...

The British pound recorded on Tuesday its best single-day performance since 2008. Bloomberg's Richard Jones explained during Tuesday's "Bloomberg Daybreak: Americas" segment that there are several moving parts which support the pound's gains of nearly 3 percent against the U.S. dollar. What Made...