Post
Topic
Board Economics
Re: Binance crisis - how will it affect the crypto market?
by
Doan9269
on 08/06/2023, 17:00:39 UTC
If you review the history of Binance, it has become an expert in addition to the business that Exchange manages, it is to respond to lawsuits, it has them in most of the countries where it works as an exchange, nothing new here, and using the adjective crisis is exaggerated.

More "propaganda" for the exchange, nothing is going to happen at least not in the short term, but it is a sign for you to understand what your financial relationship with that exchange should be.



i think you are right there
Binance is an artist on its own rights.

But only that, Binance could actually be a con artist here because it's a long time player in this kind of issues, CZ himself is not too worried because he had already known the way out, but what happens if the government eventually seize their licence of operations and banned them, aren't there going to be a massive lose of asset from them, are they not going to get liquidated, but the truth will always emerge one day about not your keys not your coins while the remaining aspect of the cryptocurrency network keeps moving.