world’s largest cryptocurrency stock exchange Binance $4.3 billion deal with the US government and former CEO C.Z.Accepting the accusations against him and resigning from his position as CEO has an impact in other countries as well.
News first from thailand came. As it is known, Binance Thai billionaire Sarath RatanavadiThere were attempts to jointly establish a crypto exchange in Thailand with his company Gulf Energy.
However Bloomberg’s According to the news, Binance’s attempt to establish a cryptocurrency exchange in the country may face regulatory difficulties.
Speaking to Bloomberg, Thai billionaire Sarath said that he has great confidence in Binance, despite the agreement made by Binance with the USA.
“Binance has grown extremely quickly and has encountered some regulatory challenges along the way.
Despite these events, we have much more confidence in Binance’s reliability. Because this storm should make Binance much stronger. Because we chose Binance because of its market leading position.
Besides these, the Thai Securities and Exchange Commission has a very strict attitude towards cryptocurrencies. “After what happened at this point, he asked many questions, including about Binance, before approving our joint venture exchange.”
Secondly, there is negative news for Binance. from philippines came.
Philippines SEC stated that Binance is actively carrying out promotional activities on social media in the country. At this point, the Philippine SEC is preparing to take action to block access to Binance in the Philippines in order to protect the public from unregistered investment products.
Philippines SEC He also stated that Binance has no right to sell or provide securities to the public.
Philippines SEC also advised Filipino investors to close their positions and withdraw their investments.
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