Binance's CZ to stay in the US, Elon Musk seeks $1 billion for AI and other news: Hodler's Digest, December 3-9

High Stories This Week Binance founder CZ must stay In WE until sentence, judge orders

Binance founder Chang Peng “CZ” Zhao until her sentencing In FEBRUARY, with A federal judge determine There is Also a lot of A flight risk if THE ancient crypto exchange CEO East allowed has back has THE United Arab Emirates. On Dec. 7, Seattle District Court Judge Richard Jones order Zhao has stay In THE WE. until her Feb. 23, 2024 sentencing date. He faces up has 18 month In prison After pleading guilty has money whitening on Nov. 21 And has agreed not has call any of them potential sentence up has that length.

Home Committee pass Invoice has 'preserve WE direction' In blockchain

A United States Congress Committee , which would be stain THE WE. Trade secretary with promote blockchain deployment And Thus potentially increase THE country to use of blockchain technology. THE act covers A painting of Actions THE Trade secretary must take if pass, including manufacturing best practices, Strategies And recommendations For THE public And private sector When using blockchain technology. THE Invoice will NOW go has THE Home For A vote. If pass, he must Also pass In THE Senate Before to come back For final Congress And presidential approval.

SECOND grows deadline has decide on Shades of grey place Ether ETFs

THE United States Securities And Exchange Commission A place Ether exchange traded funds (ETF) offer Since active director Shades of grey. In A notice, THE SECOND said he would be designate A longer period For considering A propose ruler change that would be allow New York stock market Arca has list And trade actions of THE Shades of grey Ethereum Trust. Shades of grey First of all deposit with THE SECOND has convert actions of It is Shades of grey Ethereum Trust In A place Ether ETFs In October, add It is name has THE list of companies on hold A decision Since THE regulator.

Elon Musk xAI files with SECOND For private sale of 1 billion dollars In not registered securities

Elon Musk X-linked artificial intelligence model maker, xAI, of $865.3 million In not registered equity securities, according to has A deposit with THE United States Securities And Exchange Commission do on Dec. 5. THE business East while searching has increase $1 billion. XAI product, A chatbot called Grok, has recently rolled out has X Prime+ the subscribers. Musk announcement THE launch of xAI In July And claims It is aim was has "to understand THE universe."

Bitcoin new high together For late 2024, Binance has lose high place — VanEck

Bitcoin because of A long feared United States recession And regulatory changes After THE following WE. presidential election, active director VanEck predicted. THE farm East confident that THE First of all place Bitcoin AND F will be approved In THE First of all quarter of 2024. However, he Also do A dark prediction For THE general WE. economy. VanEck East among several businesses, including black rock And Loyalty, that are competition For A approved place Bitcoin ETFs. VanEck Also believes that THE BTC reduce by half, due In April Or Can, "will see minimal walk disturbance," but there will be A after the halving price get up.