🔥🔥 Important events affecting the crypto market! Here is what is happening right now:

Binance exits the US market: Due to regulatory pressure, Binance decided to exit the US market and paid a $3.4 billion fine to FinCEN and a $968 million fine to OFAC.

Zhao Changpeng's sentencing: Binance founder and former CEO Zhao Changpeng pleaded guilty to money laundering charges in November 2023 and will be sentenced on April 30.

Philippines Securities and Exchange Commission's Action: The Philippines Securities and Exchange Commission has ordered the removal of the Binance app from local app stores, citing investor safety issues and potential economic impact.

BNB Chain Innovation: $BNB Chain is migrating its native liquidity staking function to Binance Smart Chain (BSC), providing users with unique opportunities in decentralized finance.

Department of Justice's Position: The Department of Justice is pushing for a harsher 3-year sentence for former Binance CEO Zhao Changpeng.

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