Binance flips Coinbase to become the exchange with the most BTC held globally
There are many potential reasons why the situation with Binance holding more Bitcoin has changed and why people are finding the exchange a more favorable place for selling and exchanging their crypto for fiat or other assets.
Binance also secured full regulatory approval in Dubai in March, in Bahrain, France, and Italy in May, as well as in Spain in July 2022.
In contrast, Coinbase has faced some troubles recently which may have contributed to the platform’s Bitcoin exchange balance, including the allegations of providing the United States Immigration and Customs Enforcement (ICE) agency with data about its users, including their “historical geo-tracking data,” as well as transaction history.
$Bitcoin (BTC.CC)$ $Coinbase (COIN.US)$ $Robinhood (HOOD.US)$ $Binance Coin (BNB.CC)$ $S&P 500 Index (.SPX.US)$
Binance also secured full regulatory approval in Dubai in March, in Bahrain, France, and Italy in May, as well as in Spain in July 2022.
In contrast, Coinbase has faced some troubles recently which may have contributed to the platform’s Bitcoin exchange balance, including the allegations of providing the United States Immigration and Customs Enforcement (ICE) agency with data about its users, including their “historical geo-tracking data,” as well as transaction history.
$Bitcoin (BTC.CC)$ $Coinbase (COIN.US)$ $Robinhood (HOOD.US)$ $Binance Coin (BNB.CC)$ $S&P 500 Index (.SPX.US)$
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Plan_B2 : Yeah but unfortunately many of the crypto currencies on there would never pass regulations but then again coin base as of late has been adding a lot more and stepping away for mitts we only allow certain assets image
Plan_B2 : Stepping away from its ^ I hate when my phone or me cant spell the right word lol