BUSD

In a series of recent interviews, the former Binance executive Yi He <a href="https://timesofindia.indiatimes.com/business/cryptocurrency/bitcoin/yi-he-changpeng-cz-zhao-binance-crypto/articleshow/101344344.cms?from&#61;mdr" rel="noopener noreferrer nofollow">commented</a> on the Securities and Exchange Commission’s (SEC) ongoing <a href="https://www.sec.gov/news/press-release/2023-101" rel="noopener noreferrer nofollow">lawsuit</a> against the crypto exchange Binance. The Chinese television host asserted that Binance is not a villain, is in a close proximity to regulators for compliance, and has not used user funds personally.Yi He proclaimed in a recent Dubai interview that if the regulators had spared enough time to really understand the crypto industry, it would be apparent that if Binance is non-compliant, then no other global trading platform is compliant. “If they really took the time to understand our industry, they would see that if Binance isn’t compliant, then practically no other global trading platform or offshore company is.” In light of the recent allegations leveled by the US regulator on Binance, Yi He replied to a WhatsApp, an instant messaging app, message that the regulators’ crypto development approach is appreciated; regardless of the regulators’ stance being pro or otherwise for the crypto industry, regulation protects investors.Read full article at <a href="https://cryptotale.org/top-shareholder-defends-binance-as-the-sec-lawsuit-intensifies/" rel="noopener noreferrer nofollow">CryptoTale.</a>

Top Shareholder Defends Binance As the SEC Lawsuit Intensifies

CryptoTale

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