asset trading platform in the united states coinbase. this comes after they announced they would be suing they announced they would be suing the largest crypto exchange biance, accusing it of engaging in a web of deception by operating an illegal digital asset exchange and sending billions of dollars of customer deposits to a separate trading firm owned by its chief executive. biance said the accusations were misguided and they would defend themselves vigorously. we can speak to our reporter in new york. it feels like you said this, we did this, and they will defend themselves, but it shows how difficult it is to regulate something when technology is moving at such a pace. it is something when technology is moving at such a pace- at such a pace. it is important to take a step at such a pace. it is important to take a step back at such a pace. it is important to take a step back and at such a pace. it is important to take a step back and to - at such a pace. it is imp
coinbase, it still only scratches the surface of what binance have been doing because they want to do many things and they are a multifunctional organisation that operates as their own clearing house, notjust the custody, but brokerage and also shadow banking. so these things would be separated if they were properly regulated but they are not. this if they were properly regulated but they are not- they are not. this raises questions about regulation they are not. this raises questions about regulation of they are not. this raises questions about regulation of crypto. - they are not. this raises questions about regulation of crypto. where | they are not. this raises questions i about regulation of crypto. where do you sit on the scale of how tightly regulated it should be? people will argue that technology is moving faster than regulation can keep up but sec may be are trying to send a message to the rest of the industry? we do need regulatory clarity, and the sec are doing their be