JP Morgan Sees the Binance-US Agreement as “Positive” for the Cryptocurrency Industry!

cryptocurrency in the market BinanceWhile the agreement made with the US government continues to maintain its warmth, this agreement Bitcoin And to altcoins It is curious what the effect will be.

While there are many comments at this point, there is also one evaluation. JP MorganIt came from.

According to The Block, JPMorgan analysts evaluating the Binance-USA agreement said that they saw this agreement as positive for Binance and the crypto industry.

Analysts stated that this agreement eliminates the systemic risk arising from a potential Binance collapse.

JP Morgan analysts led by Nikolaos Panigirtzoglou he said:

“We view the prospects for settlement as positive as uncertainty around Binance decreases and trading increases.

cryptocurrency The compromise reached for investors is a hypothetical Binance It will ensure that the potential systemic risk arising from its collapse is eliminated.”

As known Binance and its CEO CZ, They pleaded guilty to anti-money laundering and violating US sanctions charges as part of a deal with the US government.

Binance signed one of the largest corporate agreements in US history and agreed to pay $4.3 billion within the scope of this agreement. As part of the agreement, CZ will resign as CEO of Binance and pay a fine of $50 million.

*This is not investment advice.

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