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Binance, the world’s largest cryptocurrency trade, is making a pivot to a licensed monetary establishment by rebuilding itself right into a centralised enterprise, because it navigates by a myriad of regulatory crimson flags that threatens to set again its previous 4 years’ of progress.The trade, which has been hit by a number of regulatory warnings this 12 months together with these within the UK, Hong Kong, Japan, Singapore, has began to provoke dialogues with regulators because it seems to win their approvals and…
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Binance battles regulatory headwinds as world’s largest cryptocurrency exchange seeks financial legitimacy
