Binance has the desire to work with regulators in every countries it is conducting business most especially those that accounts the big volume of its revenues. I am sure it has no desire to lose business by ignoring the demand to comply with formalities. As the industry is getting mature, we can expect more and more countries demanding for any crypto-based entities to make things above ground and not anymore hide their operations unlike before. There will always be frictions but this is quite expected.
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Binance CEO says 'compliance is a journey' as world's largest
Binance CEO says 'compliance is a journey' as world's largest crypto exchange faces growing crackdown
The boss of Binance on Wednesday said the cryptocurrency exchange hasn't gotten everything right and has plenty of room to grow, following a crackdown from regulators around the world.