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Can regulations ruin existing exchanges?

Can regulations ruin existing exchanges?

Bitcoin Reddit

Reddit / Bitcoin Reddit 38 Views

Regulations can result in drastic changes to the industry itself. Would some laws and prohibitions ruin Binance?

Here is a statement that says it’s not: “This is not to say that Binance suffers from such technical issues and given its solid financial position, it is safe to say that strengthening its compliance procedures will not have a critical impact on its underlying profitability.” (source)

What is your opinion? Will regulations ruin exchanges as we used to see them?

submitted by /u/FourScoreAnd70
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