To clear up all the doubts you have about the latest regulations and updates that are being made in the exchanges and prevent you from being carried away by the emotions and the influence of the disinformative media.

The latest regulations in the cryptocurrency world, as you surely know, the regulations or the attempt to regulate bitcoin and the rest of the cryptocurrencies have increased notably in recent months in response to the growth that we are experiencing in the market that is increasingly welcomed and shaped. part of our new economic reality, however, we are seeing two types of totally opposite positions since we have countries like El Salvador or Paraguay where they want to establish bitcoin as legal tender since they support cryptocurrencies and bet on their future and on a new economic reality due to the benefits such as its speed of scalability and above all decentralization but on the other hand we find countries that due to the great growth of the world and with the fear of change are considering tough regulatory reforms to control these digital assets to its users and avoid misuse, this is the case in some countries It is Europeans, the United Kingdom and Canada or the United States, among others, since, for example, in Spain they announced the 720 model a couple of weeks ago to fight against fraud and force that if we have more than 50 thousand euros at the end of the year we have to declare our cryptocurrencies or as the new infrastructure bill that has been approved by the US Senate without clarification for the moment about cryptocurrencies a legislation that imposes a tax declaration mandate on cryptocurrencies that could be excessive, but it is not only these but there are many other measures and news that are appearing lately to reduce the impact of cryptocurrencies and generate peace within all Investors on balance sheet regulations as these reforms are not only in regard to taxes but also to the successes of cryptocurrencies that are also in the spotlight and this is the case of Binance, one of the most recognized cryptocurrencies in the world that has suffered strong reforms and changes due to the continuous legal attack and pressure that is receiving by the different countries some of these countries in Those who go have undergone some kind of change or reform. First of all, we have the European Union in general and Germany in particular, for example, since they have been tightening the rope since April when the country's financial authority is going to end warned that Binance could face significant fines for the launch of tokens and fractional shares because they do not have the attached investment prospectus but this is not all but also on July 28 it was announced that Binance was going to suspend the trading of derivatives in Europe and that would start with Germany, Italy and the Netherlands in order to respond to the strong regulatory measures and also canceled deposits as well as withdrawals another country that has become very serious with Binance is Japan place in which the financial services agency in Japan accused Binance at the end of June of operating in Japan without the necessary permits something that pods responded with a statement in which they said we do not currently carry out exchange operations Japan nor do we actively solicit users Japanese and the problem is that the problem comes when this pressure from the government countries joins the disinformative media as was the case of the United Kingdom since it announced that Binance was not allowed to continue with any regulated activity in the United Kingdom, which for the media of communication meant that Binance was completely banned forced to cease its activities in the United Kingdom and once again we have the manipulation of information and as it responded in an official statement on Binance in which it reported that this new law did not affect the services offered by finance. Another of the countries in which they have implemented new regulations is Canada, which so far this year has not stopped putting restrictions and putting pressure on cryptocurrency exchanges and services.

The first thing I want to clarify is that all these new regulations that we have seen are in normal quotation marks and that at the end of the day both Binance and others affected are fighting to be able to comply with the regulations that it requires in different countries to be able to operate without problem Some and in the end they will have to find themselves somewhere in between but beware that this does not imply that it is the end of Binance or any other of simply they are introducing some changes to be able to comply with the regulations and in the meantime they are there In a tug of war a month ago they announced the cessation of Binance services I thought of several alternatives and of all the options I recommend that you start to see options and anticipate the facts