The USPS crisis reached Congress in mid-March when Postmaster General David Steiner testified before the House Oversight Subcommittee on Government Operations that the agency will run out of cash in less than 12 months at its current rate and may be forced to stop delivering mail.

Federal News Network reported that USPS has since taken one unilateral step to conserve cash: suspending contributions to the Federal Employees Retirement System, a move that could free up to $15 billion by delaying required pension payments through September 2030. The Postal Regulatory Commission granted a waiver allowing the deferral. That buys time but does not fix the structural problem.

USPS does not receive tax dollars for operating expenses. It funds itself through stamps and service fees. As email, texts, and online payments have replaced letters and check-mailing, first-class mail, the agency’s most profitable product, has collapsed in volume. Amazon, USPS’s largest package customer, has announced plans to cut the volume it sends through the agency by as much as two-thirds by September.

The practical consequences of a USPS cash failure extend well beyond mail delivery delays. Approximately 6 percent of diabetes prescriptions in the US are delivered by mail. Roughly 3.7 million Medicare enrollees live in areas where pharmacy access is limited and rely on postal delivery for medications. Rural communities, which are legally entitled to the same delivery service as urban areas under USPS’s universal service obligation, would be disproportionately exposed if service is cut. The Government Accountability Office released a report alongside the Steiner testimony calling the USPS business model “unsustainable” and stating that “urgent action” is needed.

What Congress Is Being Asked to Do

Steiner’s ask to Congress has three parts: raise the borrowing limit with the Treasury so USPS can access more capital, allow the agency to set prices more freely by removing the current once-per-year rate increase cap the Postal Regulatory Commission imposed through 2030, and give USPS flexibility on its universal service obligation. Republican committee members pushed back, questioning whether USPS had exhausted all internal cost-cutting options before asking for a bailout. Committee chair Rep. James Comer noted that Congress had already passed the Postal Service Reform Act in 2022, which saved USPS $107 billion in total costs.

What Happens to Mail If Nothing Changes

As crypto.news has reported, the federal legislative calendar in 2026 is under severe pressure from the Iran war, the CLARITY Act negotiations, and midterm positioning; a USPS rescue bill would compete for floor time against all of those priorities. As crypto.news has noted, disruptions to government-dependent services, including postal delivery of financial documents, checks, and regulatory notices, carry spillover effects into markets that rely on physical document flows. Steiner told lawmakers simply: “The mail will stop” if the agency cannot meet its obligations, including delivery of prescription drug packages.

Changpeng Zhao, known as CZ, offers a memoir about the founding of Binance and the broader arc of the crypto industry. Freedom of Money blends personal history with a builder’s view of how a global crypto platform emerged during a period of rapid innovation. The book covers the early days, the pressures of scaling a global business, regulatory scrutiny, and CZ’s personal experiences, including a four-month U.S. prison sentence. It also reflects on money, technology, and responsibility and the evolving idea of financial freedom. The title becomes available globally on Kindle and Paperback starting 08th April 2026.

Key points

• Freedom of Money is CZ’s memoir detailing the founder’s journey and Binance’s rise in the early crypto era.
• Global availability begins 08th April 2026 on Amazon Kindle and Paperback.
• English and Chinese editions will be published, with additional translations under consideration.
• All proceeds from CZ’s authorship will be donated to charity.

Why it matters

Freedom of Money provides a personal window into the era when Binance grew rapidly amid evolving rules, offering context on the pressures of scaling a global platform and the balance between innovation and accountability. For readers, builders, and investors, the memoir presents a founder’s perspective on how early decisions and personal risks intersect with the development of the crypto ecosystem and the ongoing discussion about financial access and responsibility.

What to watch

• Global release date on 08th April 2026 for Kindle and Paperback.
• English and Chinese editions; additional translations under consideration.
• Proceeds from the authorship donated to charity.

Disclosure: The content below is a press release provided by the company or its PR representative. It is published for informational purposes.

CZ Releases Freedom of Money: Memoir on Binance and Crypto Rise

CZ Releases Freedom of Money, a Memoir Reflecting on the Rise of Crypto and the Story Behind Binance

Dubai, April 9, 2026 – Few figures have been as closely associated with the rise of the cryptocurrency industry as Binance co-founder Changpeng Zhao (CZ). In his new memoir, Freedom of Money, A Memoir of Protecting Users, Resilience, and the Founding of Binance, CZ offers a candid account of the early days of crypto, the rapid explosion of Binance, and the personal consequences of building at the centre of one of the fastest moving industries in modern finance.

Available globally from 08th April 2026 on Amazon Kindle and Paperback, Freedom of Money traces CZ’s journey from his early life and unconventional path into technology through the founding and rapid growth of Binance during a period when the cryptocurrency industry was expanding at unprecedented speed.

Part memoir and part reflection on the evolution of digital assets, the book offers readers a builder’s perspective on what it was like to grow a global platform in a new industry where the rules were still being written.

“While many people congratulated me on being number one, something else gave me more satisfaction,” CZ writes in the book. “I was getting messages from users all around the world thanking us for providing them with financial access or even financial freedom.”

The memoir also reflects on the challenges that came with building at such speed, including the pressures of scaling a global company, regulatory scrutiny as the industry matured, and CZ’s personal experience serving a four month sentence in a U.S. federal prison.

“This memoir is not a sanitized corporate story,” CZ said. “It reflects on what it was like to build during a time when the crypto industry was still taking shape – the successes, the mistakes, and the lessons that came from both.”

Alongside the events that defined CZ’s career, Freedom of Money explores broader themes of money, technology and responsibility, and how his views on financial freedom have evolved over time.

Reflecting on a Defining Period in Crypto

Over the past decade, Binance has played a significant role in the growth of the digital asset ecosystem, helping support the development of infrastructure used by millions of users globally.

Freedom of Money provides CZ’s personal perspective on that period of rapid innovation and expansion in the cryptocurrency industry.

Richard Teng, Co-CEO of Binance, said: “The story of Binance is closely tied to the early evolution of the crypto industry. Freedom of Money offers a founder’s perspective on the challenges and opportunities that shaped digital assets during their formative years.”

Yi He, Co-Ceo of Binance, added: “The early days of crypto were fast, unpredictable and often misunderstood. This book captures what it was like to build during that time and how the industry has evolved since.”

Availability

• Freedom of Money is available globally on 08 April 2026 on Amazon Kindle and Paperback.
• The book is published in English and Chinese, with additional translations under consideration.
• All proceeds from CZ’s authorship of the book will be donated to charity.

About Binance

Binance is a leading global blockchain ecosystem behind the world’s largest cryptocurrency exchange by trading volume and registered users. Binance is trusted by more than 310 million people in 100+ countries for its industry-leading security, transparency, trading engine speed, protections for investors, and unmatched portfolio of digital asset products and offerings from trading and finance to education, research, social good, payments, institutional services, and Web3 features. Binance is devoted to building an inclusive crypto ecosystem to increase the freedom of money and financial access for people around the world with crypto as the fundamental means. For more information, visit: https://www.binance.com.

It’s about 16 years since cryptocurrency first became a thing, and yet it’s still viewed as something new, especially by those within the industry. It may be steadily moving closer to the financial mainstream, integrated into several major institutions, but it continues to be positioned as a space for the unconventional, the young, the highly tech-literate, and those with little regard for risk. The difficulty with that narrative is that in reality, crypto’s most important users don’t fit that description at all. They’re over 35. They have stable careers, are risk-averse, and take financial planning seriously. And while they’re comfortable with technology, they’re not immersed in it. What’s more, they also control the majority of investable capital. So, why aren’t crypto platforms doing more to serve them?

The investors making crypto viable

The 35-54 demographic is the obvious target for crypto. This is the group in their peak earning years, and they know what it takes to be financially responsible. They don’t have masses of disposable income, but what they do have, they want to use wisely. That alone makes them natural investors. But beyond that, they have an understanding of the space. They’ve moved into maturity, with crypto as a background. They’ve lived through major economic cycles, from the dot-com boom and bust to the damning impact of the 2008 financial crisis, so they understand volatility and risk, and the impact of both. So, for them, crypto isn’t speculation; it’s a way to diversify their assets and potentially gain a hedge.

In addition to all of that, they also have patience. While younger users typically chase rapid gains, people in their 30s, 40s and 50s are more comfortable with long-term positioning. They don’t need constant updates or validation but are instead willing to wait and let strategies unfold over time. And that’s what makes them such a valuable customer base.

Built for someone else

And yet, as valuable as this demographic might be, most crypto platforms target a very different audience. Gamification, urgency, and slang dominate. Engagement is prioritised over understanding. And support is limited. Many platforms still rely heavily on chatbots or community forums, with few options for escalation. For anyone accustomed to traditional financial services, where accountability, compliance, and support are expected, this doesn’t feel innovative. It feels like carelessness verging on negligence, and that can only negatively impact trust. The problem for platforms is that failing trust will naturally translate into failing user numbers, because this is the generation that has learnt that actions are more powerful than words, so funds will be withdrawn, and users may leave the crypto space entirely.

The cost of inattention

Serving your core customer base is basic business practice. Yet in crypto, it often feels like an afterthought. The industry continues to see itself as youthful, fast-moving, and in constant need of new participants. But what crypto platforms are failing to realise is that attention doesn’t get you very far if it doesn’t lead to capital. Younger users may be highly engaged. They may open accounts, follow markets, and contribute to the culture. But the vast majority lack the financial capacity to participate at scale. They provide visibility, near endless amounts of it. But they don’t provide the stability that platforms and the industry require.

At the opposite end of the spectrum is the 35+ cohort. They’re visible, less reactive, and far less vocal, but they hold the capital and the intent that the market needs to thrive. Ignoring them no longer feels like a simple oversight; it’s a strategic error that could end up setting the industry back a very long way.

What maturity actually looks like

If crypto is serious about becoming part of the financial mainstream, it needs to evolve structurally. The tech is already there; the innovation is built-in. It’s the design that is significantly wanting. With the emphasis on cleverness, newness, and novelty, clarity is almost entirely absent. Usability is rarely even an afterthought. Even the choice of language alienates instead of informing. As for customer service, it’s as close to non-existent as it is possible to be without deliberate choice. What’s needed now is investment in real customer support: clear processes, defined accountability, and accessible human assistance. Chatbots are fine for a first point of contact, but there is never a circumstance in which they should be the entire service provision.

We all know that innovation is at the heart of crypto, and no one is saying that that needs to change. But it is no longer enough. It’s time for the industry to invest in infrastructure that supports its users, rather than simply trying to attract newcomers.

Today’s 35-year-olds may not fit the image the industry likes to project, but they are the users who give the crypto space legs. Many were there at the beginning, so they understand it. But more importantly, they are the group that will drive the space forward. Not just because they have capital today, but because the younger audience being courted so aggressively will eventually expect the same things when they have money to invest: stability, clarity, support, and trust.

And if those needs continue to be overlooked, the genuine investors will quietly take their money elsewhere.

Peter Curk, CEO of ICONOMI

Binance Wallet is embracing the prediction-market craze, announcing that it will bring probability-based markets to its app through an integration with Predict.fun. The exchange said it will cover all trading and settlement fees for users, making the experience effectively gasless on the BNB Smart Chain. The move signals Binance’s intent to capture a share of a rapidly expanding segment that the market data suggests is moving billions of dollars in volume each month.

In a notice issued this week, Binance said the new feature will be delivered via a third-party integration with Predict.fun, with the initial rollout focusing on probability-based markets. By underwriting the costs of trades and settlements, the company frames the service as a frictionless entry point for users seeking to speculate on outcomes in politics, sports, and other topics—without the typical gas fees that can erode returns on decentralized networks.

Key takeaways

• Binance Wallet will offer probability-based markets via Predict.fun, with gasless trading and Binance-funded fees on the BNB Smart Chain.
• The development reflects growing appetite for prediction markets, which have surged in activity and user interest over the past year.
• Industry momentum comes with regulatory headwinds: US agencies have pursued actions against prediction-market platforms over alleged gaming-law violations, even as the CFTC contends it has exclusive jurisdiction over such markets.
• TRM Labs data point to a broader market expansion, with a January estimate of around $20 billion in monthly volume across prediction markets—a sharp rise from early 2025 levels.

Binance’s foray into prediction markets

The Binance announcement frames the integration as a way to widen access to prediction markets for everyday users. By partnering with Predict.fun, Binance is tapping a platform that offers contracts tied to event outcomes—ranging from political developments to other real-world occurrences—while removing traditional cost barriers through sponsor-funded trading and settlement fees on the BNB Smart Chain.

The “gasless” headline is central to the offer. If trades are executed and settled on the BSC network, Binance says it will cover the associated costs, effectively lowering the user’s friction to engage with probability-based bets. While the initial phase centers on Predict.fun, the arrangement positions Binance as a gateway for a broader audience to participate in market-based sentiment around events beyond standard crypto trading.

Beyond the technical convenience, the move signals a broader strategic push by major crypto platforms to explore more specialized markets. Prediction markets, which allow participants to place bets on the probability of future events, have grown in popularity as a way to hedge information or express views on uncertain outcomes. The Binance integration comes amid a broader industry trend of large exchanges taking a more active role in prediction-market ecosystems, sometimes inviting scrutiny from regulators and lawmakers alike.

Momentum, scale, and the regulatory backdrop

Industry data illustrate a market that has accelerated rapidly. According to TRM Labs, monthly transaction activity across prediction-market platforms reached about $20 billion in January, representing roughly a twentyfold increase versus early 2025. The rebound underscores growing user interest in event-based contracts and the potential for new participants to experiment with these markets through mainstream platforms.

However, the regulatory environment remains complex and unsettled. The US Commodity Futures Trading Commission has argued it holds exclusive jurisdiction over prediction markets, even as several state-level authorities have pursued enforcement actions against platforms offering such bets, particularly in the sports betting domain. The legal tension reflects broader questions about whether and how prediction markets fit inside traditional gambling frameworks and financial regulation.

Within this context, Kalshi and Polymarket—two notable players in the space—have faced ongoing legal scrutiny and regulatory maneuvering. Kalshi, which has repeatedly argued for a clear regulatory pathway, has encountered actions from state gaming authorities while federal regulators push back on some state-level actions. The CFTC’s stance on jurisdiction has been a recurring theme in industry discussions about what governance looks like for prediction-market ecosystems in the United States.

Amid these dynamics, industry leaders have weighed in on relationships with policymakers and the potential for perceived conflicts of interest. In an Axios interview published this week, Kalshi executives Tarek Mansour and Luana Lopes Lara addressed questions about ties to political figures and potential regulatory leverage. Lara stated that Kalshi has not solicited favors and that leadership has not sought regulatory changes in exchange for advantages, while noting that claims of influence over policy are not part of the company’s operating reality. The interview highlighted the broader industry sensitivity around connections in Washington and the importance of maintaining a clear separation between business activity and regulatory advocacy.

Why this matters for investors, users, and builders

For investors, Binance’s entry into prediction markets could unlock new liquidity channels and user engagement metrics. A gasless, fee-subsidized model lowers the barrier to experimentation with event-based contracts, potentially drawing in traders who might not participate in more traditional crypto derivatives. If the model proves sustainable, it could create a competitive dynamic among exchanges to offer similar prediction-market access, reinforcing network effects in user acquisition and retention.

For builders and developers, the Binance-Predict.fun collaboration demonstrates how major platforms are willing to strand- test cross-domain integrations—combining on-chain infrastructure, third-party markets, and user-friendly interfaces. The approach could spur further partnerships, more standardized interfaces for event-based contracts, and clearer product roadmaps that marry traditional finance-style clarity with crypto-native flexibility.

From a risk perspective, the ongoing regulatory scrutiny around prediction markets means participants should remain mindful of jurisdictional differences and potential policy shifts. While the CFTC has asserted its jurisdiction in this space, state actions and evolving enforcement priorities could shape the available landscape for US users. As more platforms experiment with prediction-based products, market participants should watch for changes in compliance requirements, licensing, and potential restrictions on specific contract topics or venues.

Ultimately, Binance’s move to integrate probability-based markets with gasless trading marks another step in the sector’s maturation. It highlights both the appetite for accessible, event-driven financial instruments and the friction points that come with regulatory complexity. As the year unfolds, observers will be watching not only user adoption and volume but also how regulators, platform operators, and industry groups negotiate a path forward for prediction markets within the broader crypto economy.

Readers should keep an eye on how the integration with Predict.fun performs in practice, what contract types gain traction, and whether other major players accelerate similar offerings. The coming quarters could define whether prediction markets become a standard feature in mainstream crypto wallets or remain a niche segment with uneven regulatory clearance.