Prosecutors at the US Department of Justice are split on whether to press charges against Binance and its top executives, including CZ, on possible money laundering and sanctions violations.

CZ V SBF: Crypto Titans in Twitter spat; tether launches offshore Chinese yuan (Cnh₮); Japan, South Korea and UK want to police stablecoins; understand how Merkle trees benefit blockchains.

Today, alluding to the investment relationship Binance and FTX had (which <a href="https://decrypt.co/76584/ftx-ceo-sam-bankman-fried-why-bought-out-binance-investment-shares-exit" target="_blank">ended in 2021</a>), SBF wrote: “You threatened to walk at the last minute if we didn't kick in an extra ~$75m.”&nbsp;

Binance CEO Changpeng “CZ” Zhao&nbsp;again denied that Sam Bankman-Fried was ever <a href="https://decrypt.co/114974/cz-says-sam-bankman-fried-was-badmouthing-binance-in-dc-but-they-werent-in-a-battle" target="_blank">a rival</a>, previously calling SBF a “<a href="https://decrypt.co/114923/only-a-psychopath-can-write-that-tweet-binance-ceo-cz-sbf" target="_blank">psychopath</a>” for even suggesting such a dynamic existed between the two crypto executives.

The CEO of Binance, Changpeng Zhao (CZ), talked about cryptocurrency regulation following the collapse of crypto exchange FTX Friday at a Binance event in Athens, Greece.

ATHENS, Nov 25 (Reuters) - 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.

On the question of whether Bitcoin (BTC) will hit $1 million, he said, “anything can happen.” The potential size of a new market can not be compared with the size of an existing market, he added. The Binance CEO expects&nbsp;crypto market&nbsp;recovery in 2023 after the negative events that happened in 2022. The industry is now healthier compared to an year ago, he stated.&nbsp;&nbsp;

Binance announced new details about its industry recovery fund. CEO Changpeng Zhao shared the&nbsp;<a href="https://etherscan.io/address/0x043a80999cee3711d372fb878768909fbe7f71e6" target="_blank">public wallet address</a>&nbsp;showing its initial commitment and said: “We do this transparently.” Public blockchain data reviewed by CNBC showed a balance of around $1 billion in Binance’s own BUSD stablecoin.&nbsp;&nbsp;

Coinbase CEO Brian Armstrong quelled concerns about the state of his company’s Bitcoin holdings on Tuesday, following doubtful suggestions from rival exchange owner Changpeng Zhao (CZ).&nbsp;Twitter’s crypto community considered CZ's suggestive tweet to be both ignorant and uncalled for. For example, Messari founder Ryan Selkis <a href="https://twitter.com/twobitidiot/status/1595121452222906368" target="_blank">pointed out</a> that Coinbase already had audited financials proving it held roughly 2 million Bitcoin.&nbsp;

Binance CEO Changpeng Zhao (CZ) has all but given up on India. Pointing out the 1% transaction tax that came into force on 1 July 2022, CZ said it makes crypto trading unviable in India.&nbsp; “If you are going to tax 1% on each transaction, there is not going to be that many transactions… To be honest, I don’t think India is a very crypto-friendly environment,” he said.