Binance is growing despite SEC lawsuit.

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(Edited)
Hello lovely people of Hive and leofinance community. Hopefully you will be enjoying your life with good health and spirit. Friends, Binance, one of the crypto leading exchange is growing despite the radar SEC USA.





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Recent report revealed the register user figure touch to 150 million. It is great going despite immense pressure. It is pertinent to mention that last year July number was 120 million users. Almost 30 million new registered added during last 12 months. Healthy sign not only for Binance but also for the crypto world.

Binance is growing. Beside achieving a milestone of 150 million registered user. Binance has officially launched in Japan and it secured MVP license in Dubai.This is a great news for crypto enthusiast it will definitely help to build user trust over platform. Launch on Japan and securing license will help to increase the number of users.

potential legal issues with the U.S. Department of Justice have been a concern for Binance exchange. SEC imposed a charge of fraud and evasion of US law regulatory body. Let's see about the outcomes of this issue. Decision in favor of Binance will not only give huge pump to Binance but also give stability to crypto market as a result market observed pump. On the other hands decision against Binance will create panic in market as a result we may observe in Binance asset and all coins worth.

Personally I am a supporter of centralized exchanges with stringent regulation. Stringent regulation itself is good for exchanges itself as it will help to build user trust over platform.
Do you want stringent regulation in crypto market. What is your opinion my friends?

This is it for my today post. Wish you all a very happy, healthy and prosperous life ahead. Have a nice time.


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7 comments
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As the crypto industry continues to evolve, it's essential for stakeholders to engage in thoughtful discussions about the best ways to foster a safe and transparent environment for all participants. Regulatory measures that protect investors and promote market integrity can be instrumental in ensuring the long-term success of the crypto ecosystem.

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I don't think so, Binance is stoppable now, it has become so huge and big.

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Centralized exchanges are awesome, and binance is just doing an amazing job, covering grounds one after the other.

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Try as he might, people have a lot of faith in him and now it is not going to stop at all and many new people will come on him.

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CZ knows how to manage his business so he manages it well despite all odds and is growing globally

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