A recent ruling in the SEC vs Terraform Labs case could be used as a precedent to argue that the two exchanges traded unregistered securities.

Zhao will have to remain in the United States until his sentencing due to a claimed high flight risk. And Do Kwon might soon be extradited from Montenegro and join CZ in the U.S.

A newly listed Euro-backed stablecoin surged by 200% within one day. The exchange promised to compensate users for their losses after suspending trading.

Binance has introduced a pilot program enabling banks to custody trading collateral outside the exchange to mitigate counterparty risk for institutional investors. This initiative marks a significant step in combining traditional banking practices with blockchain tech.

Despite the recent agreement between Binance and several U.S. authorities, the SEC is still targeting Binance.US for alleged FTX-style fraud.

The settlement might have been the best possible outcome for the exchange: no bank run, no more compliance issues, a fresh start. Meanwhile, the potential outcome for CZ is to be kept in the U.S. until his sentencing hearing.

The exchange reached a resolution with U.S. authorities which will see it remain in business, although CZ has stepped down as CEO.

Gulf Binance, a joint venture between the world's biggest exchange and Gulf Energy Development, has been licensed by the SEC of Thailand.