Binance is once again under the spotlight.
The key words this time: Iran, sanctions, and 850 million dollars.
Reports say an investigation is examining fund flows linked to Iran and whether Binance complied with previous compliance requirements.
What’s interesting is that, by now, competition between crypto exchanges is about much more than just trading volume and how quickly they list coins.
Compliance is becoming another major battle.
But an investigation does not mean a conviction; the facts still need to be clarified.
What do you think will be the biggest challenge for crypto exchanges in the future: liquidity or compliance? #Binance
The key words this time: Iran, sanctions, and 850 million dollars.
Reports say an investigation is examining fund flows linked to Iran and whether Binance complied with previous compliance requirements.
What’s interesting is that, by now, competition between crypto exchanges is about much more than just trading volume and how quickly they list coins.
Compliance is becoming another major battle.
But an investigation does not mean a conviction; the facts still need to be clarified.
What do you think will be the biggest challenge for crypto exchanges in the future: liquidity or compliance? #Binance