Some experts have already expressed concern that the inclusion of the Binance Coin on the platform may prove controversial in the United States. While Binance.US is described as a subsidiary, its business model might draw attention from the U.S. Securities and Exchange Commission based on the fact that BNB token acts as both a security and a utility token. As such, it could pass the so-called Howey test for being security, thus potentially becoming a snag on the Binance’s path to establishing itself in the US.
Cryptocurrencies, or virtual currencies, are digital means of exchange created and used by private individuals or groups.
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NFTs "could be as big or bigger" than cryptocurrency trading on the platform, said Coinbase CEO Brian Armstrong.
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But before you look further make sure you’re aware of the risks when it comes to cryptocurrencies in general.
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Difficulties impacted all three SafeMoon wallet products - its Android and iOS versions, and the website's buy and swap function.
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Disclaimer: The Cryptocurrency market is considered highly speculative, risky, and largely unregulated. Anyone mulling investing in it should be aware there's a risk of losing their entire investment. Sign up to our newsletter for exclusive updates and enhanced content Sign up to get Al Bawaba's exclusive celeb scoops and entertainment news Carole Samaha Sends a Message After Meeting Marwan Khoury and His Fiancée... And the Latter Responds Social media links FB Linkedin Twitter
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Community-driven DeFi token SafeMoon has made it to the top 100 cryptocurrencies by market capitalization. SafeMoon prepares for a comeback with the upcoming V2 upgrade.
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