Silvia
Thu Jun 06 2024
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5 answers
1077
Is Binance at risk of collapse?｜, the report said. Binance's settlement with the U.S. government is positive for the crypto industry as well as the exchange, JPMorgan (JPM) said in a research report Thursday. The settlement will significantly reduce the potential systemic risk emanating from a hypothetical collapse of the crypto exchange
Could you elaborate on the potential collapse risk faced by Binance? The recent report mentioned that Binance's settlement with the U.S. government is considered positive for both the crypto industry and the exchange itself. Could you explain how this settlement could significantly mitigate the hypothetical systemic risk stemming from a potential collapse of the crypto exchange?
