Binance CEO Zhao

Lawyers for former Binance CEO Changpeng Zhao are urging a US judge to reject the Justice Department's request to bar him from returning to his home in the United Arab Emirates until he is sentenced for violating anti-money laundering requirements.Zhao's lawyers in a Thursday filing asked US District Judge Richard Jones in Seattle not to reverse bail conditions set by a magistrate judge on Tuesday that would allow him to leave the US while awaiting sentencing.Elevate Your Tech Prowess with High-Value Skill CoursesOffering…

Regulation of cryptocurrencies has come into sharp focus following the collapse of several platforms, culminating in the crash of the FTX currency exchange earlier this month. Binance Chief Executive Officer Changpeng Zhao said on Friday regulation rather than opposition of the crypto sector is a better option for world governments as digital currencies become more mainstream. Regulation of crypto currencies has come into sharp focus following the collapse of several platforms, culminating in the crash of the FTX…