Question:
- In your opinion, is this a consequence of increased pressure on China by the U.S.?
In my opinion, the case that happened to Chang Peng Zhao regarding binance recently has nothing to do with the pressure exerted by the US on China. Even though Chang Peng Zhao was born in China, things like that cannot be related to the issue of US pressure on China, because it has nothing to do with the problems being faced by Changpeng Zhao at the moment. Besides, Changpeng Zhao is currently not living in China, but is currently living in Singapore. So basically changpeng zhao has a problem about this binance, it's all because of the problem of the accusations leveled against changpeng zhao, about accusations of violating securities laws.
- What will the problems of Binance lead to for crypto market and crypto users?
If the problem facing Binance doesn't clear up in the near future, it will definitely affect users who trade crypto on Binance. Because it is certain that it will more or less cause worry among Binance users over the incident that is happening to Changpang Zhao as the founder of Binance. For the crypto market, it will definitely have a little effect, but I don't think it will have a big impact for now, because the current state of the crypto market still feels normal as usual. But if the Binance case continues, maybe there will be changes in the crypto market. Because there will probably be a lot of users on binance, who will withdraw their crypto assets for safekeeping, and to guard against when the worst happens.