Crypto’s Richest Man (Binance CEO, Changpeng Zhao ) Moves To Dubai As US Regulators Target Exchange

They could transfer funds from a bank account to a regulated exchange before sending them to Binance, or they could go outside the banking system, say, by selling something for crypto or by buying crypto from a fellow enthusiast and paying cash.

Previously, Binance tried to explain to regulators why a massive, unregulated crypto exchange was no biggie.

[Via]

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