SEC Sues Binance and CEO Zhao for Breaking US Securities Rules

Re:SEC Sues Binance and CEO Zhao for Breaking US Securities ... by JumpCrisscross on Monday June 05, 2023 @01:46PM (#36200077)

Parsed generously, 94% of Americans is about 300mm people. That's around 4% of the human population. (It's a nonsense argument nonetheless: it's not America's job to bank the world.)

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Re:SEC Sues Binance and CEO Zhao for Breaking US Securities ... by dgfitz on Monday June 05, 2023 @02:40PM (#36201009)

I commend you taking a generous view of that, as I was unable to with a straight face. Agree with your second comment.

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Re:SEC Sues Binance and CEO Zhao for Breaking US Securities ... by zarzavat on Monday June 05, 2023 @10:27PM (#36207301)

GP said essentially that they hoped crypto would fade away because FedNow is coming and will make it irrelevant.

My point was that the vast majority of people don’t have a US bank account and so FedNow is in fact irrelevant, except to the 5% of people who can access it.

I didn’t expect the parse with the comma inserted before “in the US”, because it’s obviously absurd to say that only 5% of Americans have a US bank account.

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