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Compliance That Makes Sense

164 - The Decay of Binance, CZ's Departure, and the Future of Crypto

18 Dec 2023

Description

CZ, the CEO of Binance, stepped down in November 2023 in the wake of a number of money laundering charges and procedural misdemeanors. In this episode, I share what the future holds for Binance and how the company's decay is going to impact the crypto industry as a whole.  If you found value in this episode, I would really appreciate it if you could leave a review! My mission is to help and support as many FinTech startups as possible, and when you leave a positive review, more people can find this podcast and help their companies! If you are on Apple, just click here to review, select "Ratings and Reviews" and "Write a Review" and tell me what your favorite part of the podcast is.    Today's episode: [01:13] Topics we are going to cover during this episode.  [01:26] Why the Binance CEO stepped down in November 2023.  [02:16] What the future holds for Binance and CZ.   [04:34] Similarities between the way Binance and FTX.  [06:14] What I admire about Binance.  [07:04] Changes that are expected to take place within Binance.  [08:13] How the decay of Binance is likely to impact the crypto industry.  [09:39] What cryptocurrencies offer that traditional finance does not.  [10:20] The era that is ending with the fall of Binance.  [12:05] How CZ helped advance the crypto space.  [13:19] Happy holidays!    Show links: Interested in FinTech compliance? - consider investing in the FinTech Compliance Self-Starter Package! I would love to invite you to sign up for my newsletter. If you are interested, please click here.

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