SEC Sues Binance and CEO Zhao for Breaking US Securities Rules

Re:SEC Sues Binance and CEO Zhao for Breaking US Securities ... by nickpinkston on Monday June 05, 2023 @12:50PM (#36199140)

Most Americans have a bank account:

"According to the report, 81% of adult Americans are fully banked, 13% are underbanked, and 6% are unbanked. The share of Americans with each banking status in 2021 remained almost constant from 2020."

https://usafacts.org/articles/who-is-the-least-likely-to-hav...

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Re:SEC Sues Binance and CEO Zhao for Breaking US Securities ... by mtlmtlmtlmtl on Monday June 05, 2023 @01:42PM (#36200001)

What GP is saying is that most people in the world do not have an account located in the US specifically. I seriously doubt they're saying 95% of Americans don't have a bank account, which would be absurd.

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Re:SEC Sues Binance and CEO Zhao for Breaking US Securities ... by nickpinkston on Tuesday June 06, 2023 @02:32PM (#36217141)

Yea, I was anchoring on the article that was US focused.

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Re:SEC Sues Binance and CEO Zhao for Breaking US Securities ... by Arcuru on Monday June 05, 2023 @12:58PM (#36199273)

That accounts for the 5% of humans who live in the US, how about the 95% of humans who don't?

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Re:SEC Sues Binance and CEO Zhao for Breaking US Securities ... by misnome on Monday June 05, 2023 @01:23PM (#36199661)

If you read the thread to which you are replying, it’s about the US.

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Re:SEC Sues Binance and CEO Zhao for Breaking US Securities ... by mtlmtlmtlmtl on Monday June 05, 2023 @01:51PM (#36200158)

Why would anyone suggest only 5% of Americans have bank accounts? How is it possible to believe that and still know English and go to HN, do you think?

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Re:SEC Sues Binance and CEO Zhao for Breaking US Securities ... by colecut on Monday June 05, 2023 @04:27PM (#36203090)

The bank accounts are about the U.S., not the people.

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