TLDR
A recent study found out that only 14% of the top 216 global exchanges are licensed. This is going to spell disaster for them in the long run. Binance can still face regulatory trouble on the following two fronts: It’s BNB coin could very well be classified as a security. It had privacy coins such as Zcash and Monero listed. Binance may still be in trouble on two fronts. It may prove an impossible task to restructure something that has grown so big and was built without regulatory foresight.via the TL;DR App
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