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RE: Binance Exits from Russian crypto Market

in Project HOPE11 months ago

In my opinion, regulations are aimed at protecting citizens from exploitation so I wonder why some exchanges can't comply with them. Binance might be the biggest CEX in terms of userbase and Trading Volume but other exchanges like Bitget have shown trustworthiness and reliability by complying with these regulations changes. The exchange is among the most regulatory compliance CEXs we have.

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I agree cos apart from the United States that has been difficult for them to comply with their harsh regulatory policy; the exchange is operating in Canada and UK where Binance and few others have left due to regulatory policy

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