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Bitcoin nerves, DeFi defiant, PayPal debut, Coinbase warning: Hodlerâs Digest, Nov. 9â15
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$4.3 billion settlement: The CZ era ends, and Binance moves closer to compliance
In the early morning of November 22, Beijing time, the Ministry of Justice held a press conference to announce Binance’s settlement. Binance agreed to criminal charges and paid a fine of $4.3 billion. CZ resigned and Richard Teng will take over as Binance CEO.