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RE: Binance Moving to Malta - Island Nation Known for Tax Evasion and Money Laundering

in #malta7 years ago (edited)

Well Malta is part of the EU. Binance is going to be regulated. as long as it does things properly, stays within the regulatory parameters and does not put our crypto at risk then they there is no more FUD. The downside is that it takes time, and sometimes iteration, to update the system. Coinbase must be sweating now. This is a real threat to their nearly monopoly business.