Cryptocurrency Bitcoin price
Binance’s recent setbacks can be primarily attributed to regulatory and legal issues, which have prompted significant changes within the company’s top leadership. Several high-ranking executives have departed, ostensibly for personal reasons; however, there is widespread speculation that their departures are linked to mounting regulatory pressures. Buying bitcoin on binance Regardless of your preference when it comes to selling your crypto for cash, Binance has a seamless and convenient way to buy, sell and trade crypto. With our new Sell-to-Card feature users can directly sell their crypto for fiat money and have them transferred straight to their credit/debit card.
“Assuming that these complaints stand up in court, I don’t think that there’s a scenario in which Coinbase or Binance — particularly Binance — become compliant,” White says. “The business model of cryptocurrency in general and cryptocurrency platforms really relies on not abiding by the regulations that are in place.” Their business model is “regulatory arbitrage”: using loopholes or structuring their companies in countries with friendly crypto regulations. FTX, for example, was headquartered in the Bahamas. One possible scenario here is that the lawsuits could culminate in Binance ceasing operations in the US, and Coinbase shutting down entirely. Commissions and fees This website is using a security service to protect itself from online attacks. The action you just performed triggered the security solution. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data.