JPMorgan (NYSE: JPM) has expressed a positive outlook on the recent settlement between Binance (CRYPTO: BNB) and the U.S. government, highlighting its beneficial impact on both the cryptocurrency sector and the exchange itself, according to a research report released on Thursday.
The report emphasized that the agreement with Binance could significantly diminish systemic risks that might arise from a potential collapse of the exchange, CoinDesk reported.
This development is seen as part of a broader trend towards regulated cryptocurrency entities and ...