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In This Video I go through a look into ethereum classic and we discuss the latest developments surrounding Binance, the world's largest cryptocurrency exchange. Several high-level executives have recently resigned from the company amidst ongoing legal and regulatory challenges. Chief Strategy Officer Patrick Hillmann, compliance executive Steven Christie, General Counsel Hon Ng, and Chief Business Officer Yibo Ling have all announced their departures. Binance is currently facing a lawsuit from U.S. regulators and is under investigation by the U.S. Justice Department for potential money laundering and sanctions violations. Despite these challenges, Binance's CEO, Changpeng Zhao, remains optimistic about the company's growth and future prospects. Additionally, we explore the SEC's proposed amendments to Rule 3b-16, which aim to expand the definition of an "exchange" and bring decentralized finance (DeFi) platforms under regulatory scrutiny. We also discuss the potential approval of a spot Bitcoin exchange-traded fund (ETF) by the SEC and the views of Gareth Soloway, the chief market strategist at InTheMoneyStocks.com, on its impact. Join us as we delve into these significant developments in the cryptocurrency industry.


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0:00 Resignations at Binance
3:28 SEC's Proposed Rule Amendments
6:19 Spot Bitcoin ETF Approval
8:00 Long Term Vs. Short Term
9:09 Ethereum Classic Update




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