Binance’s DOJ settlement offered some glimmers of hope for the crypto industry

Binance CEO Changpeng Zhao’s (CZ) departure from the platform he founded and the company’s guilty plea in a staggering $4.3 billion settlement with the United States Department of Justice have sent shockwaves through the cryptocurrency world. This development poses a crucial question: Is it a harbinger of doom or a bullish signal for the industry?

On crypto Twitter, where speculation is rife, it’s easy to lose sight of the core issues. Let’s delve into what this settlement truly signifies, starting with the fundamental reason for cryptocurrency’s existence.

Cryptocurrency was never meant to be defined by central figures or platforms. Satoshi Nakamoto’s brilliance lay in creating a…

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