Hi guys
What do you think about the situation around Binance?
Binance will try to fight back that's for sure, if you have followed CZ, you know that he won't simply back down for this kind of attacks.
Rumor has it that one of the largest crypto exchanges will soon cease to exist
Unfortunately, this is the FUD that CZ is addressing. I doubt that they will cease to exist. Binance has grown tremendously since 2017 so it's not easy that they will just stop at it is a billion dollar business.
Binance and Coinbase are the only two crypto exchanges that qualify
Coinbase has another place i motion already,
Crypto Exchange Coinbase Receives License to Operate in BermudaBinance has already left the Canadian market and is close to leaving the US market
Both are facing lawsuits and claims
-Regards
Binance left Canada because of their hard line stance, there are new regulations in place that CZ didn't agree with the Canadian government.