Matrixport analyst Markus Thielen said that the settlement is a very favorable outcome for CZ and Binance. With CZ stepping down and the fine being lower than the previously feared $10 billion, Binance is likely to remain one of the top three exchanges for the next 2-3 years. More exchanges will strengthen their compliance and become part of the monitoring sharing agreement, which will facilitate the approval of spot Bitcoin ETFs in the United States. Read more

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November 22, 2023 at 5:52 AM
Twitter@WuBlockchain|05:37 AM - Nov 22, 2023
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