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Binance’s $4B Settlement With U.S. Won’t Hurt Its Standing Abroad: Bernstein

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Binance’s $4B Settlement With U.S. Won’t Hurt Its Standing Abroad: Bernstein

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“With this plea deal, the expectations for a spot bitcoin ETF might have increased to 100% as the industry will be forced to follow the rules that TradFi firms must follow,” wrote Markus Thielen, head of research at Matrixport, referring to traditional finance.

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