People familiar with the matter: Due to the plea agreement reached between Binance and the US authorities last year, Binance may allow the authoritie
On March 20th, it was reported by insiders that due to Binance reaching a guilty plea agreement with US authorities last year, Binance may allow authorities to access documents, records, and resources, including information related to "former employees, agents, intermediaries, advisors, representatives, distributors, licenses, contractors, suppliers, and joint venture partners."
Against this backdrop, the cryptocurrency industry remains vigilant about compliance-related changes to key digital asset trading venues. For example, insiders previously told Bloomberg that the exchange has tightened requirements for listing new digital tokens.
Analysts believe that once the US Department of Justice Joint Task Force enters Binance, the privacy of Binance users, including both KYC information and fund flows, will be fully exposed to US government supervision. The privacy of Binance users will be threatened.
According to CCData, Binance's share of global spot cryptocurrency trading volume has fallen from nearly 60% to about 30%, but has since recovered to about 40%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
BRICS News: Russia Launches Gold Digital Asset Pilot—A Shift in Global Payments?

XRP News: XRPL Enhances Onchain Finance with Permissioned Domains

Ethereum Whales Face Bear Market Profit Levels
ETH whales see unrealized profits drop to bear market levels as ETH/BTC declines and sentiment weakens.ETH/BTC Ratio Continues to DeclineWeak Sentiment and Market Outlook

Floki Inu Made Millionaires Overnight—BTFD Coin’s 3650% ROI Potential Could Be Your Shot at the Next Big Win
Meme coins have been on a wild ride, turning small investments into life-changing profits for those who got in earlyBTFD Coin’s Play-to-Earn Game Is Fueling the Next Big Crypto SurgeFloki Inu Proved Meme Coins Can ExplodeThe Bottom Line

Trending news
MoreCrypto prices
More








