Wsj Your Money Briefing

As cryptocurrency exchange Binance proposed and then pulled out of an acquisition of rival FTX, bitcoin and other cryptocurrencies suffered sharp declines. WSJ reporter Vicky Ge Huang joins host J.R. Whalen to explain how these exchanges function and why Binance’s action triggered a crypto selloff.  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.