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Topic: Will Binance get closed down? - page 6. (Read 12320 times)

member
Activity: 448
Merit: 10
A Blockchain Mobile Operator With Token Rewards
April 27, 2019, 10:28:36 PM
We don't believe Binance will be closed, this makes a lot of pros and cons. Almost all think positively with Binance and hope that Binance can provide good service. We are following developments from Binance and this certainly still has good room for Binance with US government policies.
sr. member
Activity: 1008
Merit: 355
April 27, 2019, 08:45:56 PM
The Fed has closed down exchanges in other jurisdictions in the past. Binance has US customers: This is a NO NO. Craig Wright is no fool and wants Binance out of the picture. Be aware! Maybe hell is coming to Binance: Use them but don’t hold your bags with them: Binance is Malta based but is breaking US Laws and if you think for 5 minutes that the US regulators are not going to take them out you are foolish: Wall Street need Binance and these rogue exchanges out of the way. CZ could do prison time! I would not want to be in his shoes! Binance could be deemed as a money launderer and a tool for terrorism. US regulators and law enforcement have Binance on their radar and will make a move! Opinion!

With the prevailing mindset of the USA SEC, it is not quite remote that they can bludgeon on Binance for grounds of doing illicit business in USA. Of course, Binance has all the means available to fight back this disaster. I always believe that Binance is keeping an open line communication with the SEC on this matter as they can never allow their name and reputation to be tarnished just to be continuing business in USA...and Binance can easily sacrifice this share of the market anytime. Binance must have compliance all the time in check making sure that they are following the guidelines set by the government.
copper member
Activity: 294
Merit: 1
April 27, 2019, 08:37:42 PM
I think Binance is still far off from closing it services and this exchange has its own license and its the well known exchange i think it will not happen Cheesy
legendary
Activity: 2156
Merit: 1018
Buzz App - Spin wheel, farm rewards
April 27, 2019, 08:19:36 PM
someday there will definitely be a binary period will experience pressure and will fall,
because all will not last forever and everything will be replaced as time goes on,
that's why we shouldn't be arrogant and always humble,
full member
Activity: 1078
Merit: 104
GoMeat - Digitalizing Meat Stores - ICO
April 27, 2019, 06:58:45 PM
No it won't. Come to think of it, Binance isn't based in The USA, so how can it closed down? Binance has contributed a lot to the crypto space that a mere threat will shut it down. The question is, have they broken any law? No.
Binance will keep looking for ways to attract more users at the same time upgrading their platform
full member
Activity: 925
Merit: 100
April 27, 2019, 05:01:09 PM
Binance got its license from Malta right so how can it be a threat to US? I can't even imagine Binance closing down for any reason owing to how far it has come in order to create a better world for cryptocurrency traders and investors.
legendary
Activity: 1204
Merit: 1028
April 27, 2019, 02:59:33 PM
I dont think so , binance is one of the largest exchange. they will stay forever
I have never see that threat that is strong enough to pull Binance down, except it is a  decision that will be made by the CEO to do that, they have not defrauded people, they have not seized their money, they have added more value to the life if their users than the users have to them.

So many traders are making more money now in their trade because of the low trading cost they have, I think all these negative news about Binance is strictly emanating from other exchanges that are jealous of Binance because of their inability to perform well, there inability to perform well should not be picked on Binance but they need to amend in their operations.
full member
Activity: 560
Merit: 101
Migranet ITO
April 27, 2019, 02:50:10 PM
I cannot imagine that Binance will close their exchange, because it is the biggest, the most popular exchange with the largest trading volume that is not faked. The can ask US customers to close their accounts, but nothing more.

I agree with this comment. Binance is already too big to fail. If US customers do use Binance, then the USA will not consider inflicting so much pain in this market full of Americans.
full member
Activity: 1022
Merit: 106
April 27, 2019, 02:30:04 PM
As far as I know, binance has not failed any law for the federal government to shut it down. If you think that binance will be shut down because of Craig Wright then youhave the wrong thinking
I don't believe that such a thing can happen. Of course, the fight against terrorism is a weighty argument for sanctions. But I think that an exchange like Beenans has a strong team of lawyers.
It's possible that the develops to its own network will make it more difficult for regulators the control over the traders, and this is the reason for this negative news.
copper member
Activity: 224
Merit: 1
April 27, 2019, 02:27:19 PM
The Fed has closed down exchanges in other jurisdictions in the past. Binance has US customers: This is a NO NO. Craig Wright is no fool and wants Binance out of the picture. Be aware! Maybe hell is coming to Binance: Use them but don’t hold your bags with them: Binance is Malta based but is breaking US Laws and if you think for 5 minutes that the US regulators are not going to take them out you are foolish: Wall Street need Binance and these rogue exchanges out of the way. CZ could do prison time! I would not want to be in his shoes! Binance could be deemed as a money launderer and a tool for terrorism. US regulators and law enforcement have Binance on their radar and will make a move! Opinion!

I do not see the possibility of this at all. Binance get shut down? Hmmm.. That will be a very big blow cos binance is considered oneif not number one trusted exchange in the crypto space.
hero member
Activity: 882
Merit: 500
April 27, 2019, 02:24:34 PM
Binans is a very large exchange for today,with quite serious capitals and plans,it will not be so easy to close it,even if they want to,so it's definitely a pitchfork on the water drive,I'm sure that everything will be fine with the project,and the price of the token will only rise up and up

Binance is really proving that they will be one of the most influential companies in the crypto market today. With slow and steady steps like step by step creating the fomo IEO, next is Binance DEX. I believe Binacne will soon IPO in the future
jr. member
Activity: 209
Merit: 6
April 27, 2019, 01:42:04 PM
The Fed has closed down exchanges in other jurisdictions in the past. Binance has US customers: This is a NO NO. Craig Wright is no fool and wants Binance out of the picture. Be aware! Maybe hell is coming to Binance: Use them but don’t hold your bags with them: Binance is Malta based but is breaking US Laws and if you think for 5 minutes that the US regulators are not going to take them out you are foolish: Wall Street need Binance and these rogue exchanges out of the way. CZ could do prison time! I would not want to be in his shoes! Binance could be deemed as a money launderer and a tool for terrorism. US regulators and law enforcement have Binance on their radar and will make a move! Opinion!
I don't know what brings you to this conclusion.. but as for me the least the United States can do is prevent it's citizens from using binance.. they can not close down the exchange nor arrest him
hero member
Activity: 1358
Merit: 509
April 27, 2019, 01:37:13 PM
I don't understand what you man by binance getting closed down, but as it stands, that's about the best exchange in this space, if you made this post because of regulation issues, then I might understand. But so far I think Binance has been very adhesive in terms of regulation and all. So I don't really seem that happening
Regulation issues are the biggest threat against the main idea of free trade based exchanges. The volume will go down significantly and this will be the ned of crypto friendly exchanges.
full member
Activity: 579
Merit: 102
April 27, 2019, 01:14:51 PM
I can not agree with you because Binance is one of the largest exchanges at this time and capitalization shows that the exchange is making progress and I think if a problem arises in the legislative plan it will be solved as soon as possible.
sr. member
Activity: 1890
Merit: 300
Vave.com - Crypto Casino
April 27, 2019, 01:05:42 PM
Binance is a Chinese company with offices on Shanghai, Hong Kong, Tokyo and Malta. Though they'd try everything to get accepted in fiat money transfers worldwide, they'd never step down under any pressure from US or European authorities. Though it may hurt their business a lot, Binance still has a huge volume coming in from East Asia.
jr. member
Activity: 278
Merit: 1
April 27, 2019, 12:48:40 PM
First of all we can't predict what is going to happen tomorrow or after tomorrow. So It's very hard to say that Binance exchange will go down or not. But I personally don’t think that Binance exchange will go down. Because It's a very big exchange and Binance team will hold it in their hand.
member
Activity: 560
Merit: 10
April 27, 2019, 12:39:12 PM
Binance will not fall, I do not think that Malta will drop the exchange that has brought great fruits and benefits to his country !, the one that will fall is Bitfinex and Tether that have been sued...
jr. member
Activity: 544
Merit: 1
April 27, 2019, 12:35:47 PM
As far as I know, binance has not failed any law for the federal government to shut it down. If you think that binance will be shut down because of Craig Wright then youhave the wrong thinking
full member
Activity: 1050
Merit: 102
Cryptocurrency addict | Invest at your own risk.
April 27, 2019, 12:24:03 PM
binance is a big and popular exchange today, of course they will continue to fight for it, but indeed if you have dealt with the USA then it will be difficult to fight. all will negotiate and negotiate to get a good way
full member
Activity: 1106
Merit: 166
★777Coin.com★ Fun BTC Casino!
April 27, 2019, 11:54:28 AM
Why it is possible it always going with a good flow in all the time show the possibility of closing is not been available for my opinion to binance and it is one of the good trusted exchanges I have used lots of time.
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