Christine Parker, partner at Reed Smith, summarizes the slew of regulatory headlines facing Binance and how such scrutiny may affect the exchange going forward. Show highlights:
which countries are investigating Binance why it has been difficult for governing bodies to regulate Binance whether the reports that regulatory bodies, like the CFTC/IRS/DOJ, coming after Binance are correct when Christine expects regulators to make a move against Binance how hiring ex-regulators might help Binance in Congress whether Binance’s strategy of leaving countries with tight regulations helped or hurt the exchange what Christine thinks of Binance’s strategy to localize its business model whether or not it is too late to avoid regulatory penalties for Binance why transitioning to a DAO business model would not absolve Binance of prior infractions how the BitMEX situation could inform Binance whether criminal charges could be in Binance CEO Changpeng Zhao’s future Thank you to our sponsors!
Christine Parker: https://www.linkedin.com/in/christine-parker-b09a31/
https://www.coindesk.com/state-of-crypto-binance-is-firmly-in-the-regulatory-crosshairs https://www.theblockcrypto.com/post/110380/thailand-sec-binance-crypto-exchange-criminal-complaint https://www.theblockcrypto.com/linked/104836/binance-crypto-irs-us-government-investigation-report https://www.theblockcrypto.com/post/110510/barclays-customers-in-the-u-k-can-no-longer-transfer-funds-to-binance https://www.theblockcrypto.com/linked/110617/binance-suspends-deposits-from-key-european-payments-network https://www.theblockcrypto.com/post/111482/italy-binance-consob-warning
CZ letter https://www.binance.com/en/blog/421499824684902301/A-Letter-from-Our-CEO-Reflecting-on-Progress-and-the-Road-Ahead CZ Unchained appearance https://unchainedpodcast.com/listen-to-cz-compare-binance-to-bitcoin/ Binance’s compliance hiring spree https://www.radicalcompliance.com/2021/07/08/binance-compliance-hiring-spree/
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