What about their whole P2P saga (
https://p2p.binance.com/en)
Site is blocked for me but I remember that this was supposed to become a thing undistinguishable from the "normal" binance, no? And not like current P2P exchanges where you have to manually take, but rather functioning like their normal trading engine, no?
Probably it will slowly die a forgotten death, they are taking actions on every currency, removing pairs, removing funding options, then shut it down completely for everyone. The authorities have started to get pissed at CZ's excuse for being global, not needing licenses all that bs, he will have to comply, and the way Binance is accepting every kick in the ass and thanking authorities makes me think he has received some serious warnings.
And we thought crypto was going to kill the banks.
Yeah right. With 300k transactions, a day which half of them are probably the results of people wiring money or paying with CC cards for their bitcoin purchases the killing was more of a story of banks making millions in fees from all that fiat moving around. But probably the ones laughing the most are Visa and Mastercard when looking at the fees they get from crypto cards..
As for the main story, who didn't see this coming? Well, maybe not this fast but it was clear it will happen. And the rest will take notice, so if you think of moving your coins to an exchange that currently doesn't require KYC, do it with small amounts...I have a feeling every exchange had an urgent meeting after the news broke out, grabbing some extra popcorn for the weekend and Monday morning!!!