Binance, upon, became the fourth and largest exchange which has got under control of bank cartel.
All media actively lit news that Binance - the largest cryptoexchange on turns in the world, has found smooth water on Malta. Moreover, it will allow her to work, at last, directly with fiatny currencies, such as US dollar and Euro. All have breathed a sigh of relief, now Binance possessing the most convenient and fast interface will become even more convenient, offering the verified clients convenient service for input and output the fiatnykh of currencies into customer accounts.
But there are also nuances about which nobody writes, and they are represented the most interesting. Problems with the regulator in Hong Kong have begun quite recently, and have reached the level when the exchange has been forced to move to Japan that it seemed very logical, with the Japanese regulation where more than 20 exchanges are already certified and checked by the local regulator and freely trade in cryptocurrencies. The trading volume in bitcoins at the Japanese exchanges, exceeds 46% world, the auction is made in couple bitcoin - Yen. But, without having managed to work and month, the exchange has received a warning from the Japanese Financial Services Agency, that it works without the corresponding permission as the cryptocurrency trading platform, and is engaged in sale of the tokens relating to the security guard that is to actions.
Nothing seemingly strange, the law is the law, however the Japanese exchanges trade in the same tokens, and break nothing. Contacts of lawyers of the exchange with the Agency, haven't led to solution of the problem yet.
In the same day, on Twitter of the Prime minister of Malta, Joseph Muscat,
there was a hospitable invitation, to place the exchange on Malta. On what the president of the exchange, Changpeng Dzhao, has right there answered on the Twitter:
"We are sure that we will be able to announce bank partnership soon", Malta is very progressive, as for crypto and the fintekh."
All this reminds some plot of the heroic movie where within one days, all these events happen to the most serious cryptoexchange in the world, at the same time, the Prime minister of Malta, at once after receiving news of Binance problems with the Japanese regulator as that Dzhao has so easy and unostentatiously invited to Malta, and Dzhao, also with ease, probably, drinking coffee in a cozy office, has scribbled an interview to Bloomberg that he is ready to moving of the company to Malta and will trade in Fiat there. What is interesting, Permyer Ministr of Malta, has considered on the same day that Binance will create 200 new jobs, well and of course will begin to pay taxes to the budget on nearly $2 of the M daily profit.
As always, the most important has stayed behind scenes. And, above all what was told by neither Dzhao nor the Muscat that accounts of the exchange will be opened in the Maltese bank branch HSBC, closely affiliated with Banco Santander - one of shareholders of Ripple Labs, and one more remarkable bank Barclays which "zapartnerit" one more large American exchange Coinbase in London recently.
For reference, there is a wish to notice that HSBC, being the 14th bank in the world by the size of assets, is the dirtiest large bank in the history. Besides financing of the Colombian drug cartel, "HSBC profited on business with the dealers in weapon delivering mortar mines to the African children soldiers with intermediaries of dictators from Third World countries, with dealers in bloody diamonds and other international criminals."
And we have to believe that Changpeng Dzhao, just was born under a lucky star, and have accidentally offered him such rescue from strict Japanese and Ghosn Kongskikh of regulators moreover and have allowed to trade in Fiat for the whole world. And, of course, joy for Binance, would be incomplete if on casual coincidence, all four bank, namely Goldman Sachs, ING, Barklays and HSBC which have absorbed four best cryptoexchanges (Bitfinex, Bitrix, Coinbase, Binance) literally within two months, wouldn't belong to the same shareholders.
What is interesting, the oldest European exchange Bitstamp, has been absorbed for $400 by the M allegedly Korean investors, and actually, bought the Japanese Yahoo Finance belonging to one more shareholder of Ripple, Mitsubishi UFG bank.
What conclusions arise from this story?
The first - bankers continue to occupy the best exchanges, and within the next year, we will observe some more such captures until following 2019, in their hands there are 80%, the others can be unnecessary. All occupied exchanges, at once begin to work lawfully with Fiat and to apply full KYC (Know the client) and AML (Procedures for counteraction to money laundering). At all exchanges procedures of accounting of income of clients and their taxation are entered.
