Quote from: UmerIdrees on Today at 05:56:21 PM

Nothing new or special for the regular binance users. If you are using binance for a long time, you must have participated in IEO's and P2P dealing. For all this , we need to have KYC and most of the people accounts may already have been KYC approved. I don't think it will create much panic expect for the few who will never want KYC ever.

Binance's attemps to avoid strict regulation says it's not only a few, like moving from one country to another, branching out strict places like US and most recently, trying the .06BTC band-aid solution.

In addition, I don't think IEO which hype only lasted for a short period of time and is now in a vegetative state hold such power.

P2P's 24H ATH trading volume as of January 2021 was only 54M USD and spot's has like billions (assuming reported numbers are close to accurate at least)

Quote from: https://www.binance.com/en/blog/421499824684901543/All-You-Need-To-Know-About-Binance-P2P-Bitcoin--Crypto-Exchange

Last year, Binance P2P processed $7 billion worth of transactions made through 3.8 million orders, with daily volumes reaching as high as $54 million.