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Crypto exchanges - Transparency to survive and PiNetwork is ready
Kraken got into trouble with the SEC regarding shady transactions,Binance CEO Changpeng Zhao admitted mistakes and resigned, and Binance was fined 4.3 billion USD, a series of cryptocurrencies were removed from exchanges due to ambiguity between securities and digital currencies. All of the above moves show that the law will manage the cryptocurrency sector transparently in the US. Crypto Exchanges will not die, but will have to comply with the provisions of the law, including transparency and anti-money laundering, which means it will have to perform KYC, have a blockchain ledger, and other important conditions that most Pioneers know are "Randomly" strangely suitable for Pi Network
Meanwhile, the latest news showed that PiNetwork is urgently testing interactions with other blockchains, through the upgraded Stellar V20 protocol (before January 30, 2024), cross-blockchain payments right on Pi blockchain (We know that LOBSTR wallet has integrated Pi as well as many types of blockchain including BTC).
#Pinetwork #Pitogo Crypto exchanges - Transparency to survive and PiNetwork is ready Kraken got into trouble with the SEC regarding shady transactions,Binance CEO Changpeng Zhao admitted mistakes and resigned, and Binance was fined 4.3 billion USD, a series of cryptocurrencies were removed from exchanges due to ambiguity between securities and digital currencies. All of the above moves show that the law will manage the cryptocurrency sector transparently in the US. Crypto Exchanges will not die, but will have to comply with the provisions of the law, including transparency and anti-money laundering, which means it will have to perform KYC, have a blockchain ledger, and other important conditions that most Pioneers know are "Randomly" strangely suitable for Pi Network Meanwhile, the latest news showed that PiNetwork is urgently testing interactions with other blockchains, through the upgraded Stellar V20 protocol (before January 30, 2024), cross-blockchain payments right on Pi blockchain (We know that LOBSTR wallet has integrated Pi as well as many types of blockchain including BTC).
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