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Binance "voluntarily" retracted the license application in Germany: https://www.btc-echo.de/schlagzeilen/binance-kryptoboerse-zieht-lizenzantrag-in-deutschland-

Binance "voluntarily" retracted the license application in Germany: https://www.btc-echo.de/schlagzeilen/binance-kryptoboerse-zieht-lizenzantrag-in-deutschland-zurueck-168426/ https://www.btc-echo.de/schlagzeilen/binance-kryptoboerse-zi... Binance retracts license application in Austria: https://de.beincrypto.com/binance-rueckzug-aus-oesterreich-droht-das-europa-aus/ https://de.beincrypto.com/binance-rueckzug-aus-oesterreich-d... Binance has been unable to get a license in the Netherlands: https://twitter.com/binance/status/1669628787267624961 https://twitter.com/binance/status/1669628787267624961 Binance to discontinue services for UK customers https://www.binance.com/en/feed/post/1374447 https://www.binance.com/en/feed/post/1374447 No, it's not the world moving towards crypto except for the US. Binance just doesn't comply (enough) in many countries apparently. Maybe it's a very shady company? Who knows.

next_xibalba 3y ago
Don’t forget, Binance is banned in China. That’s another 18% of the world’s population.
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px43 3y ago
In the past 24 hours, Binance has still had nearly 7x the volume of their nearest competitor. They don't need to operate in markets that show any hostility towards them. That has always been their strategy, and it's served them well. They are by far the largest exchange. Having to hire whole teams of overpriced lawyers to babysit each high maintenance market would just slow them down. I'm a US citizen, so I don't really care what happens with Binance, but they started being openly hostile to US users maybe 6 or so years ago, for obvious reasons. They don't care, and they don't need to care. The weird part to me IMO is how aggressively some US citizens have still tried to use Binance, which means creating fake identity documents, using VPNs, and risking their account getting locked if they make any mistakes.

next_xibalba 3y ago

Don’t forget, Binance is banned in China. That’s another 18% of the world’s population.

deleted 3y ago
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px43 3y ago

In the past 24 hours, Binance has still had nearly 7x the volume of their nearest competitor. They don't need to operate in markets that show any hostility towards them. That has always been their strategy, and it's served them well. They are by far the largest exchange. Having to hire whole teams of overpriced lawyers to babysit each high maintenance market would just slow them down. I'm a US citizen, so I don't really care what happens with Binance, but they started being openly hostile to US users maybe 6 or so years ago, for obvious reasons. They don't care, and they don't need to care. The weird part to me IMO is how aggressively some US citizens have still tried to use Binance, which means creating fake identity documents, using VPNs, and risking their account getting locked if they make any mistakes.