Launching relatively recently, in 2017, Binance has risen the ranks to become the world’s biggest crypto exchange. In the early days, the secret behind its success likely boiled down to its aggressive listing policy, giving users access to the tokens they wanted.
For example, Coinbase listed Dogecoin in June 2021, a month or so after interest/price had peaked. In contrast, Binance began supporting Dogecoin in July 2019, way before it blew up. In short, its listing policy meant it wasn’t chasing trends.
Having conquered cryptocurrency, the firm is now keen to expand its operations into every economic sector. But what can we read into this move?
Binance is still under regulatory scrutiny
Despite publicizing its intentions to expand into non-crypto industries, Binance is still under the cosh with regulators.
Last year, in what seemed like a coordinated action, regulators from across the globe issued notices one after the other against the exchange. They expressed concerns over issues
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