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Binance.US CEO Brian Shroder departs, sparking layoffs affecting one-third of the workforce. CNBC Crypto World explores reasons behind the exchange's decision to drop bitcoin trading fees. Coinbase CEO comments on Binance, emphasizing industry compliance with legal regulations. This shift signals a changing landscape in the crypto industry.

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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