RE: KYC now mandatory on Binance.
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This will become mandatory eventually for all centralised exchanges. It is too hard to implement on decentralised exchanges and they dont operate as brokers.
I dont think this will have much of a negative impact if you assess coinbase as it is KYC. If anything, I'd anticipate Binance to become more accessible to alot more people and profits will go sky high
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Yes, I think increasing compliance of CEXes will bring more money into crypto from the mainstream.
It wouldn't surprise me to see CEXes picking up banking licences soon. Get your salary paid straight into Binance bank. Flip some straight into a basket of crypto on a monthly basis.
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