Cryptocurrencies have reacted with significant volatility to the news that Binance CEO Changpeng Zhao has stepped down as the company agreed to pay $4.3 billion in settlement to the US government. CZ’s departure and the hefty fine from the US regulator could be a major blow to the world’s largest cryptocurrency exchange and to the crypto market as a whole. But could it also be just a staging post in the advancing maturity of the crypto market in the long run? While the Binance settlement is a positive step, it is also a reminder for traders of the risks associated with operating and investing in the cryptocurrency ... (full story)