Show Notes
The Business English podcast discusses the recent developments with Binance, the popular cryptocurrency exchange, and their ongoing fraud lawsuit with the SEC. In a major breakthrough, Binance has reached a compromise with the government, allowing the company to remain operational and avoiding a potential shutdown in the U.S. The temporary agreement limits access to customer funds to Binance.US employees to ensure the security and integrity of customer assets during the lawsuit. This is a positive step forward for Binance and shows their commitment to resolving the issue with regulatory authorities.
