Brian Armstrong Says CZ and Binance’s Guilty Plea Vindicates Coinbase’s Long-Term Strategy of Compliance

The CEO of the largest US-based crypto exchange, Brian Armstrong, says that Binance CEO Changpeng Zhao (CZ) and his company’s admission of guilt on federal charges is a significant development for the digital asset industry. On Tuesday, Binance agreed to pay over $4 billion in a settlement after pleading guilty to engaging in money laundering,...