Stepping away from the headlines, a number of observers have noted that the Binance settlement in essence may have cleared the decks for the U.S. Securities and Exchange Commission (SEC) to finally approve a spot bitcoin ETF. The neutering of Binance and exit of CZ, they said, might have eased the agency’s concerns regarding overseas manipulation of bitcoin prices.
Source: https://www.coindesk.com/markets/2023/11/22/bitcoin-and-crypto-markets-shake-off-binance-news-turn-higher-for-week/?utm_medium=referral&utm_source=rss&utm_campaign=headlines