In the vast ocean of cryptocurrency, an unprecedented storm is brewing.
Remember the April 4th that stunned everyone? The world's most powerful cryptocurrency exchange Mouan dropped a bombshell: starting from April 18, 2024, all Bitcoin NFT transactions and recharges will say goodbye!
What does this mean? Simply put, those financial transactions in Russia that want to make some "small moves" through cryptocurrency will no longer work. After all, Russia has always been the focus of everyone's attention in the cryptocurrency world.
Did you know? By the end of 2022, the Mouan exchange will have more than 120 million users, and the daily trading volume will be as high as 65 billion US dollars! This number is simply astonishing. But because of this, cryptocurrency has become a "fig leaf" for some countries to engage in secret financial transactions.
Remember there was a news report that $20 billion of cryptocurrency was quietly transferred to Russia. Isn't this a typical example? But now, with An (founder of Mouan) waving his hand, this "little trick" can no longer work.
To be honest, I think Binance's decision is simply an insurance for the global financial order. It tells us that the cryptocurrency market is not a lawless place, and it also needs to abide by the rules and be regulated. In this way, those who want to play tricks in the cryptocurrency market have to think carefully.
Of course, this decision will definitely cause some discussion and controversy. Some people may think that this is restricting the freedom of cryptocurrency. But in my opinion, it's like installing a seat belt on a sports car. Although it may slightly limit the speed, it can protect our safety. After all, a market without rules and regulations is like a road without traffic lights, and it will sooner or later become a mess.
So, An's decision is not only of great significance to the cryptocurrency market, but also brings new hope to the global financial order. It announces the end of an old era and heralds the advent of a new era that is fairer and more transparent. And all this will open a new chapter on April 18, 2024.
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