Core Insights - BNB's price increased nearly 3% in the last 24 hours following reports of Binance potentially resolving a key compliance requirement from its 2023 settlement with the U.S. Department of Justice [1] - The price of BNB was trading near $950 after a rally, which began after the report, but it struggled to maintain that level [2] - The DOJ has previously released other firms from similar oversight, indicating a trend towards easing compliance for companies that meet enhanced reporting requirements [3] Company Developments - If the deal with the DOJ is finalized, Binance would need to implement stricter internal reporting systems, although a final decision has not yet been made [4] - BNB's price reached a high of $963 during trading, marking its highest level in months, before settling back down [4] - Trading volumes for BNB spiked, indicating increased market activity [4] Market Context - The rise in BNB's price allowed it to outperform the broader crypto market, which has been relatively stable ahead of the Federal Reserve's interest-rate decision [5] - The CoinDesk 20 index saw a modest increase of 0.8% in the past 24 hours, reflecting the overall market conditions [5]