The Binance Crackdown: Transforming the Crypto Giant Through Unprecedented Surveillance

This chapter explores the recent crackdown on Binance, the largest cryptocurrency exchange, by US regulators and the implications it holds for transforming the company into a more compliant and regulated entity. It highlights the extensive data sharing and reporting requirements that Binance must now adhere to, with experts and prosecutors discussing both astonishment and potential positive outcomes of this unprecedented level of government oversight.