Challenges and Regulation

However, Binance's rise has not been without hurdles. Starting in 2021, in light of the massive success of the exchange, numerous regulatory authorities around the world (United Kingdom, United States, Japan, France, etc.) began to closely monitor its activities. Binance has been accused of sometimes operating without adequate licenses and has had to adapt its legal structure. In response, Binance has increased its efforts to comply with legal requirements, creating regulated local entities and strengthening its compliance protocols.

Binance Today and Tomorrow

Today, Binance continues to innovate in areas such as NFTs, crypto debit cards, and the development of Web3 solutions. Binance Coin remains one of the most capitalized cryptocurrencies in the market, a testament to its strength despite the turbulence.

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