On November 24th, JPMorgan (JPM) stated in a research report on Thursday that the settlement between Binance and the US government is positive for the cryptocurrency industry and trading platforms. The report stated that for the wider market, it will significantly reduce the potential systemic risks assumed by the collapse of Binance. This shift towards regulated cryptocurrency companies and products is positive as more regulation will attract investors from the traditional financial sector. The agreement also reduces the uncertainty of cryptocurrency exchanges, which will benefit their trading and BNB chain business.