The Alaska Division of Banking and Securities didn't renew the operating license of Binance.US, while Florida's Office of Financial Regulation suspended the exchange’s money transmitter license in 2023.
FTX's Sam Bankman-Fried won't face a second trial for bribing Chinese officials, while Binance's Changpeng Zhao's bid to return to Dubai has been rejected for the second time.
On December 7, U.S. District Court Judge Richard Jones rejected CZ’s request to return to Dubai until his sentencing hearing on February 23, 2024.
U.S. prosecutors challenged the terms of CZ's release, claiming that his vast wealth and the UAE’s lack of an extradition treaty with the U.S. made it unlikely that he would return for sentencing.
Australia's central bank digital currency pilot achieves offline payments, but mass adoption faces hurdles due to card reluctance in emergencies.
