Do you think crackdown on Binance will allow other crypto exchanges to emerge who follow all the regulations and laws?
Coinbase, Kraken, and Gemini are embracing regulation with open hands. Do you think it will help them in the long play?
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Hopefully we are seeing the beginning of the rise of decentralized exchanges.
We will see how this all unfolds. Binance is facing some headwinds.
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I think they will retaliate by accepting the changes in the industry. I feel 'regulations' is going to be a trend in 2021-22.
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It seems many are targeting CZ and his company.
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Yepp. This is their chance to get ahead in the game. After all it's business.
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I don't think so because the crypto space is still decentralized to an extent. Eventually these regulations will start turning into taxes and people will move off these platforms.
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It would be nice for me if Gemini became more popular, sine that's what I have to use in my jurisdiction. With the popularity, perhaps it can offer more cryptos besides the major ones.
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