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Crypto exchange Binance has been operating in secrecy, preventing government regulators from knowing what they need to know to effectively regulate exchanges like Binance. One can understand why. If they declared a headquarters in any country, they’d essentially be giving that country legal authority to regulate their industry. As a result, Binance’s money-laundering practices are weak. So says the authorities that can’t regulate them. USDC flips Tether on Ethereum. What triggered the massive sell-off in cryptocurrencies heading into the weekend? No one knows, but investors are liquidating positions on bitcoin and virtually every altcoin. Meanwhile, Coinbase Global shares shrugged and bitcoin his a 6-month low. How the top cryptocurrencies performed last year. Get the full scoop at https://cryptocracy.substack.com/p/binance-has-weak-money-laundering

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