A lot of FUD being released against Binance over the last couple of hours ; the looks of it , immediately not a good sign , however , it’s worth taking note that Binance has been through this situation many times before . We believe that this would simply result in certain products being limited to certain jurisdictions , similarly to how futures are restricted on Binance.us . At the moment , we wouldn’t recommend panicking ; simply wait for further announcements in these regards.
Sources :
1) https://www.bloomberg.com/news/articles/2021-07-01/singapore-to-follow-up-with-binance-in-wake-of-global-crackdown?sref=3REHEaVI
2) https://www.theblockcrypto.com/post/110358/cayman-islands-investigate-crypto-exchange-binance?utm_source=rss&utm_medium=rss
3) https://www.sec.or.th/EN/Pages/News_Detail.aspx?SECID=9017
Sources :
1) https://www.bloomberg.com/news/articles/2021-07-01/singapore-to-follow-up-with-binance-in-wake-of-global-crackdown?sref=3REHEaVI
2) https://www.theblockcrypto.com/post/110358/cayman-islands-investigate-crypto-exchange-binance?utm_source=rss&utm_medium=rss
3) https://www.sec.or.th/EN/Pages/News_Detail.aspx?SECID=9017
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Proposed bill in Iran could ban all foreign-mined cryptocurrencies
Lawmakers seem to be attempting to establish a legal framework behind a Central Bank of Iran decision for people to only use crypto from state-licensed mining operations for payments.
https://ct.com/9qys
Lawmakers seem to be attempting to establish a legal framework behind a Central Bank of Iran decision for people to only use crypto from state-licensed mining operations for payments.
https://ct.com/9qys
Cointelegraph
Proposed bill in Iran could ban all foreign-mined cryptocurrencies
Under the proposed bill on mining and exchanges, all crypto could be prohibited within Iran for payments except for a "national" one.
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It's been widely believed that retail is to blame for Bitcoin's price drop.
However, the data shows this is not the case. Retail (entities with 0.001BTC to 1BTC) has been aggressively adding to their holdings.
by #CryptoVIP
However, the data shows this is not the case. Retail (entities with 0.001BTC to 1BTC) has been aggressively adding to their holdings.
by #CryptoVIP
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