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Because he's far more likely to be evading regulation and authorities than just being a digital nomad. Would you trust a bank with your money that has no HQ an
by senttoschool 4y ago
Because he's far more likely to be evading regulation and authorities than just being a digital nomad.
Would you trust a bank with your money that has no HQ and the CEO/founder is no where near any legal jurisdiction?
- hackerman123469 4y agoMy bank is already pure virtual with no physical locations, so yeah I would trust that. The problem with a crypto exchange isn't "not having an HQ" but rather the lack of regulations. A bank has regulations so they can't really be as scummy. So if there were proper regulations in place then it wouldn't be a problem. It wouldn't matter if it has an HQ or not, it only matters where the company is registered and how that country regulates it. I believe currently Binance is registered as a company in Singapore, but I could be remembering wrong.
- senttoschool 4y ago>My bank is already pure virtual with no physical locations, so yeah I would trust that. I agree. But Binance is neither regulated nor transparent about its HQ, incorporations, executives, CEO.