Yesterday, the market dynamics were relatively calm, with two noteworthy highlights: first, the CPI data was favorable, and second, Binance (BN) introduced an important strategic shareholder.
It is worth noting that Binance did not choose a traditional financial giant but rather an investment institution managed by the brother of the President of the UAE.
This decision is quite significant, especially considering that CZ (Changpeng Zhao) has been long stationed in Dubai; this collaboration undoubtedly adds a layer of "protection" for him.
Although the background and style of the UAE President's brother are not yet well known, the real rule makers are still those who wield the "iron fist" of power.
Hopefully, this collaboration will not cause too many adjustments to the existing rules, as maintaining market stability and transparency is key. $BTC #MGX投资币安