The arrangements between Binance and the US authorities are positive as they neutralize the systemic risk of the industry due to a hypothetical collapse of the platform. JPMorgan analysts came to this conclusion, writes The Block
On November 21, the company agreed to pay multimillion-dollar fines to FinCEN and OFAC, Changpeng Zhao stepped down as CEO and posted a $175 million bond to remain free.
"We view the prospect of a settlement as positive, as the uncertainty surrounding the platform itself will decrease and its business will benefit," experts wrote.
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