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BINANCE
A U.S. court has issued a ruling against Binance, the cryptocurrency exchange, and its former CEO Changpeng "CZ" Zhao, resulting in Binance paying $2.7 billion and CZ paying $150 million to the Commodity Futures Trading Commission (CFTC).
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Binance founder Changpeng “CZ" Zhao must stay in the United States until he is sentenced in February as he's unlikely to return to the country if allowed to travel to the United Arab Emirates, a federal judge has ruled.
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Binance has announced the discontinuation of its support for the BUSD stablecoin effective December 15. 
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In his inaugural blog post since succeeding Changpeng Zhao, newly appointed Binance CEO Richard Teng shared his vision, emphasising a strong commitment to regulatory cooperation within the crypto exchange.
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Binance founder Changpeng "CZ" Zhao is mandated to stay in the United States temporarily while a federal judge reviews a U.S. Department of Justice request that would compel his presence in the country until his sentencing in the early part of next year. 
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The United States Department of Justice revealed that Binance's CEO, Changpeng "CZ" Zhao, has agreed to plead guilty to a felony charge as part of a resolution involving both criminal and civil cases related to the exchange.
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In response to the lawsuit from the U.S. Commodity Futures Trading Commission (CFTC), Binance, the leading cryptocurrency exchange in terms of trading volume, along with its senior executives, submitted a filing on Monday. 
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On Thursday, Binance, the cryptocurrency exchange, communicated to its users about the addition of fresh fiat service providers for facilitating euro (EUR) transactions, deposits, and withdrawals. 
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In a recent legal document submission, Binance, Binance.US, and their CEO Changpeng "CZ" Zhao have formally petitioned for the dismissal of all allegations within the SEC lawsuit.
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Although Brian Shroder's resignation as CEO of Binance's U.S. division occurred amidst SEC and CFTC legal actions, Binance CEO Changpeng Zhao asserted that the departure was routine.
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