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Bitcoin can stand out in a situation of economic crisis
According to Surz, to break free from a possible bubble in the stock markets, it is advisable to move to dollars or US assets such as Treasury bills and securities.
Meanwhile, other specialists point to bitcoin (BTC), in part, because of its anti-inflationary issuance that differentiates it from fiat currencies such as the dollar.
The issuance of bitcoin is reduced by half every approximately four years, an event that will happen until there are a total of 21 million coins. This reduces the release of supply in the market, facilitating its price increase in response to demand. In this way, it differs from the printing of banknotes, which is left to the decision of each government.
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$BNB $#Bitcoin #solana #ETH #btc #SEC Binance, the largest bitcoin (BTC) and cryptocurrency exchange on the market, is the subject of investigations by the authorities of at least four countries in the world, located in Africa, Europe and South America.
Generally, this exchange house is accused of participating in fraud schemes, tax evasion, money laundering and even terrorist financing.
The accusations against Binance have caused many investors to withdraw their funds from that exchange, for fear that it will eventually fall. These investigations have raised concerns about the legality and transparency of Binance's operations in several countries.
Which countries are investigating Binance? In a recent period, between the end of 2022, 2023 and the beginning of 2024, there are at least four countries that are investigating Binance. These are:
Recently, in Nigeria, Africa, authorities arrested two Binance executives upon arriving in that country. This amid investigations in which it is accused that this exchange operated illegally in the nation.
In June 2023, the Nigerian Securities and Exchange Commission ordered that company “to immediately stop soliciting Nigerian investors to trade on its platform.”
Another country that openly investigates Binance is the United States. The various government offices, including the Securities and Exchange Commission (SEC), the Commodity Trading Commission (CFTC) and the Department of Justice, trained their weapons against the largest bitcoin exchange.
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