Share.

    8 Comments

    1. Crypto_future_V on

      This Binance Iran situation is wild shows how hard it is for big exchanges to fully control flows but raises serious questions on compliance and geopolitics

    2. Good for them. US and European sanctions has cost the lives of millions of people, and creates an unipolar world where they’re free to do as they please without any accountability. The fact that we live in that part of the world, and benefit from it, doesn’t make it morally correct. If people want to live in theocracy, they’re absolutely entitled to do that, and should resist violently against people who challenge that right. Those who don’t like it, as in a democracy, are free to move to another location and seek another way of living, just as anyone who wants to live in a theocracy, should absolutely be able to do the same.

    3. Cultural-Candy3219 on

      There are two different debates that often get mashed together here. A neutral network lets value move without asking the protocol for permission. A centralized exchange is a regulated business with bank accounts, customer records, employees, servers, fiat rails, and legal exposure. Those are not the same system even if both touch the same asset.

      That is why the compliance fight usually shows up at exchanges, stablecoin issuers, custodians, bridges, and fiat exits rather than at the base protocol itself. If a venue advertises itself as a compliant global exchange, then regulators will judge its monitoring, sanctions controls, account clustering, and response process.

      The uncomfortable part for crypto is that liquidity and convenience pulled a lot of activity back into these big custodial hubs. People wanted easy trading, fiat access, cards, leverage, and support tickets. That convenience creates exactly the kind of choke point and paper trail that permissionless crypto was supposed to route around.

    4. You guys have no issue with Trumps scam coins and Zionist war criminals use of Binance but you start complaning when a country under attack uses crypto!