Re: Binance reaches deal to pay $4.3B settlement to American regulators
CZ's going to be involved inside Binance because it's his company he won't let go or be pushed outside. BNB won't lose value because it'll gain when bull season makes ppl buy bitcoin so the market's going to be steady.
A fully regulated Binance with new CEO could help ETF approval so it could be a new beginning for crypto in America. I don't know how a new start for Binance's going to affect other countries but if exchanges scandals & allegations end it's good for crypto.
A fully regulated Binance with new CEO could help ETF approval so it could be a new beginning for crypto in America. I don't know how a new start for Binance's going to affect other countries but if exchanges scandals & allegations end it's good for crypto.
I see the current series of events as a new beginning for Binance exchange and the crypto industry as a whole. Confidence will be restored, while industry players will work closely with regulators in the long run. CZ can still have an influence over Binance without the need to be a CEO. He will be more of an advisor to the company than anything else. Who knows if BNB is bound to return to its former glory soon? 