{"id":17631,"date":"2023-12-09T21:25:04","date_gmt":"2023-12-10T02:25:04","guid":{"rendered":"https:\/\/demo2.dedicatedhost247.com\/crypto\/hodlers-digest-dec-3-9-cointelegraph-magazine\/"},"modified":"2023-12-09T21:25:04","modified_gmt":"2023-12-10T02:25:04","slug":"hodlers-digest-dec-3-9-cointelegraph-magazine","status":"publish","type":"post","link":"https:\/\/demo2.dedicatedhost247.com\/crypto\/hodlers-digest-dec-3-9-cointelegraph-magazine\/","title":{"rendered":"Hodler\u2019s Digest, Dec. 3-9 \u2013 Cointelegraph Magazine"},"content":{"rendered":"


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Top Stories This Week<\/strong><\/h2>\n

Binance founder CZ must stay in US until sentencing, judge orders<\/strong><\/strong><\/h2>\n

Binance founder Changpeng \u201cCZ\u201d Zhao has been ordered to stay in the United States<\/a> until his sentencing in February, with a federal judge determining there\u2019s too much of a flight risk if the former crypto exchange CEO is allowed to return to the United Arab Emirates. On Dec. 7, Seattle District Court Judge Richard Jones ordered Zhao to stay in the U.S. until his Feb. 23, 2024 sentencing date. He faces up to 18 months in prison after pleading guilty to money laundering on Nov. 21 and has agreed not to appeal any potential sentence up to that length.<\/p>\n

House committee passes bill to \u2018preserve US leadership\u2019 in blockchain<\/strong><\/h2>\n

A United States Congress committee has unanimously passed a pro-blockchain bill<\/a>, which would task the U.S. commerce secretary with promoting blockchain deployment and thus potentially increase the country\u2019s use of blockchain technology. The act covers an array of actions the commerce secretary must take if passed, including making best practices, policies and recommendations for the public and private sector when using blockchain tech. The bill will now go to the House for a vote. If passed, it must also pass in the Senate before returning for final congressional and presidential approval.<\/p>\n

SEC pushes deadline to decide on Grayscale spot Ether ETF<\/strong><\/h2>\n

The United States Securities and Exchange Commission has delayed its decision on whether to approve or reject<\/a> a spot Ether exchange-traded fund (ETF) offering from asset manager Grayscale. In a notice, the SEC said it would designate a longer period for considering a proposed rule change that would allow NYSE Arca to list and trade shares of the Grayscale Ethereum Trust. Grayscale first filed with the SEC to convert shares of its Grayscale Ethereum Trust into a spot Ether ETF in October, adding its name to the list of companies awaiting a decision from the regulator.<\/p>\n

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