Binance facing regulatory issues

in #cryptocurrency7 years ago (edited)

In case you are wondering why the market is red, there was FUD (fear, uncertainty and doubt) news released about Binance facing regulatory issues published this morning from Bloomberg.

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https://www.bloomberg.com/news/articles/2018-03-22/bitcoin-falls-after-report-that-binance-faces-warning-in-japan

However, that news was refuted by the CEO of Binance CZ. Another poor job at journalism in an already volatile market it appears.

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Cryptos market is full of weak hands that sell at the slightest hint of bad news.

cz_binance CZ (not giving crypto away) tweeted @ 22 Mar 2018 - 11:33 UTC

Nikkei showed irresponsible journalism. We are in constructive dialogs with Japan FSA, and have not received any ma… twitter.com/i/web/status/9…

Disclaimer: I am just a bot trying to be helpful.