dip is here but looks like it isn't going away anytime soon
a few that looks tempting even with current prices:
BNB
ADA
ETH
any coins you have in mind to accumulate :0008
Author: Andrew Throuvalas Last Updated Jul 28, 2021 @ 08:22
The cryptocurrency exchange, which has been under pressure from financial regulators across the world, has plans to get licensed everywhere.
While speaking to journalists, Zhao stated that Binance intends to establish regional headquarters given the approval of regulators, marking a centralization of its operations.
Furthermore, Zhao says that he may also step down in place of a successor that can address these regulatory issues better than he can. He emphasizes that he is not being forced to do so but would do this for the sake of the business.
?I?m a technology entrepreneur. We are doing this pivot to be a regulated financial institution and I would be very open to look for a leader with a strong regulatory background.?
The CEO also stated that he plans to see Binance ?licensed everywhere? and that from here on out, it will be a ?financial institution.?
3 MIN READ
FRANKFURT (Reuters) -Binance founder Changpeng Zhao said he was willing to step down whenever he finds a successor who can do a ?better job?, as one of the world?s biggest cryptocurrency exchanges, under pressure from regulators around the world, sought to reinvent itself.
?I?m a technology entrepreneur. We are doing this pivot to be a regulated financial institution and I would be very open to look for a leader with strong regulatory background.?
Separately, he said Binance would seek approval by regulators. ?We want to be licensed everywhere ... From now on, we?re going to be a financial institution,? Zhao said, adding this would mark a maturation from its startup origins.
Binance offers a wide range of services to users across the globe, including crypto spot and derivatives trading.
I add ADA every month, same amount USD worth, around mid month. I?ll keep doing it no matter the price. I don?t have a target to sell, this is a long term hold for me. I have BTC and ADA that?s it. This last dip we?re in put me in the red but I?m not budging. Matter of fact, I bought more on Margex.
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