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Bitcoin Barely Flinches After U.S. Jobs Report; Binance Withdraws License Application for Abu Dhabi Investment Fund

"CoinDesk Daily" host Jennifer Sanasie discusses the biggest crypto headlines shaping the industry today, as bitcoin (BTC) is slated to end the week about 14% higher, despite dipping earlier Friday morning after the November jobs report. Cryptocurrency exchange Binance withdrew its bid for an investment-management license in Abu Dhabi, deeming it unnecessary to the company's "global needs." And, there's a new legal wrinkle for former Binance CEO Changpeng Zhao (CZ).

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JPMorgan Chase CEO Bashes Crypto Again; Judge Accepts Binance Founder CZ's Guilty Plea

"CoinDesk Daily" host Jennifer Sanasie discusses the biggest crypto headlines today, including JPMorgan Chase CEO Jamie Dimon telling lawmakers in a hearing examining the U.S. banking industry Wednesday, "I've always been deeply opposed to bitcoin" and "If I was the government, I'd close it down." There are new legal developments for the former CEO of Binance. And, a closer look at India's stance on crypto legislation.

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Судья принял признание вины CZ, но еще не решил, сможет ли основатель Binance вернуться домой

В прошлом месяце Чанпэн Чжао признал себя виновным в нарушении Закона о банковской тайне.

Changpeng Zhao speaking at Consensus 2022. (Shutterstock/CoinDesk)

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Asia's Crypto Trends in 2023

CoinDesk Executive Director of Global Content Emily Parker, who recently returned to the U.S. after traveling across Asia, discusses the key highlights and trends around the continent for crypto. Plus, insights into the myth of "borderless" crypto companies ending, after former Binance CEO CZ pleaded guilty to violating the Bank Secrecy Act last week.

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Binance Founder Changpeng 'CZ' Zhao Steps Down From Binance.US Board

Binance founder and former CEO Changpeng "CZ" Zhao is stepping down as chairman of the global exchange's U.S. affiliate's board. A senior Treasury official told reporters that Binance.US was not part of Binance's settlement as it was a registered business. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses what we know so far and the implications for the future of Binance.

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Основатель Binance CZ на время застрял в США

Чанпэн Чжао собирался вернуться в ОАЭ, где проживают его жена и дети, но окружной судья пока приостановил эту часть освобождения из-под BOND .

(Photos from Smorshedi/Wikimedia Commons and CoinDesk/Flickr, modified by CoinDesk)

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DOJ Claims Former Binance CEO CZ Is a 'Flight Risk That Could Be Managed'

The U.S. Department of Justice doesn't want Changpeng 'CZ' Zhao locked up until sentencing, but it doesn't want him to leave the United States either, arguing in a new filing that he's a "flight risk that could be managed." CoinDesk Deputy Managing Editor Jesse Hamilton discusses the latest developments.

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Чанпэн «CZ» Чжао из Binance — управляемый риск бегства, — Министерство юстиции США

Министерство юстиции США (DOJ) утверждает, что бывший генеральный директор Binance должен оставаться на свободе до вынесения приговора, но только на территории США.

Department of Justice (Shutterstock)

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Бывший генеральный директор Binance CZ «создает серьезный риск побега», утверждают прокуроры, требуя от него остаться в США.

Во вторник Чжао признал себя виновным по ONE пункту обвинения в нарушении Закона о банковской тайне.

Binance CEO Changpeng Zhao leaves the U.S. District Court in Seattle, Washington. (David Ryder/Getty Images)

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Binance 'Can Survive' $4B Settlement, Says Legal Expert

Binance and its now former CEO Changpeng 'CZ' Zhao pleaded guilty Tuesday to anti-money laundering and U.S. sanctions violations in a settlement with the U.S. government. Haynes Boone Partner Kit Addleman weighs in on whether the world's largest crypto exchange can bounce back from this.

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