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Demir C Labs
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Binance is really strong; it can always reap the rewards.
Binance's growth path resembles a carefully planned game; during each industry upheaval, it can accurately hit the rhythm to achieve a leap.
1. Ban in 94, decisively go overseas. On September 4, 2017, the People's Bank of China and six other ministries jointly issued a notice (on preventing risks of token issuance financing), requiring the prohibition of virtual currency trading.
At that time, the two strong exchanges were still OKX and Huobi, but their founders Xu Mingxing and Li Lin chose to stay in China.
Subsequently, Xu Mingxing expressed his intention to donate OKX to the state. Li Lin sold all of his Huobi shares and stated in a social media post that he is no longer the actual controller or shareholder of Huobi Global, nor does he have any authority.
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