Earlier this week Forbes reported that it obtained a leaked “Tai Chi” document outlining the company’s plans to circumvent financial regulations in the US. Binance CEO has claimed that the statements and accusations in the article are incorrect. He also noted that the Forbes articl... Binance CEO claims US branch was NOT set up to evade regulations October 30, 2020 By Sam Grant Changpeng Zhao hits back after serious allegations were made against the exchange, in particular, its US arm Trade over 40 cryptocurrencies and enjoy the lowest trading fees in America. Crypto trading giant Binance created a corporate plan for profiting from the U.S. market while avoiding regulatory scrutiny, Forbes reported, citing a leaked document. He affirmed that Binance.US is a legitimate subsidiary with “very strong restrictions and operating procedures in place.” Given that Forbes has not released the leaked document, it is impossible to conclude which account is correct. Though Forbes has contacted regulators, their comments have not fully confirmed its allegations. Meanwhile, investigators such as the FBI have declined to ... A Binance ‘Decoy’ for US Regulators? Banks ️ Bitcoin. After years of skepticism, JPMorgan sent out its rationale for why Bitcoin could double or triple in a research note sent out to its investors. It also has been reaching out to crypto-native firms in the hopes of enlisting sub-custodians to offer crypto custody. And Michael Del Castillo of Forbes published a thorough look at what may ... Key Takeaways Forbes says that Binance distracted regulators by setting up its U.S. subsidiary, according to a leaked document. CEO Changpeng Zhao denies that the document originated from a current or former Binance employee. Share this article Binance may have used its American subsidiary to evade regulations, according to leaked documents obtained by Forbes. Binance, […]
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A leaked document purportedly from Binance senior executives outlines a plan to use a US subsidiary to evade regulators. Binance CEO Changpeng "CZ" Zhao took... US CRYPTO REGULATIONS SOON Steve Mnuchin Trump IMF - Binance US & BRD XRP - Bitcoin Miner Stock Up Thinking Crypto. Loading... Unsubscribe from Thinking Crypto? Cancel Unsubscribe. Working ... Binance is going to disable all services to all US users starting in September to comply with regulations. They will open up a US division soon. ----- Get Brave ad-free browser: https://brave.com ... https://www.binance.us/?ref=35098278 🔥 Get the Ledger Nano X to Safely store your Crypto - https://www.ledgerwallet.com/r/acd6 🔥 Become a Channel Member - ht... Support Me On Patreon! https://www.patreon.com/TheModernInvestor ----- Protect And Sto... My Second Channel: https://www.youtube.com/channel/UCvXjP6h0_4CSBPVgHqfO-UA ----- Supp... Jan.10 -- Binance CEO Zhao Changpeng discusses the challenges exchanges face, possible rules and regulations, and talks about the future for crypto currencie... What is a Stop-Limit Order? Learn about Stop Limit orders and how to use them on Binance the Cryptocurrency Exchange. Subscribe to keep up to date with more ... Binance.US - America's New Home for Digital Asset Trading. Get started in minutes once you set up an account with Binance.US to buy and sell cryptocurrencies...