The largest cryptocurrency exchange, Binance, expressed hope that the UK authorities will choose a more liberal course towards the blockchain industry.
If the United States prefers to tighten policy in this area, then London should become more flexible in this matter, said Patrick Hillmann, who heads Binance's strategic development division. With this statement, he commented on the desire of the American leadership for strict crypto regulation.
Earlier, the famous financier Tim Draper criticized the White Dolm. According to him, if the United States continues to use repressive methods, blockchain companies will be forced to migrate to other and more comfortable jurisdictions.
Hillmann emphasized that Washington chose a strange position. On the one hand, the authorities promise to create comfortable conditions for startups and crypto investors, and on the other, they introduce strict rules for companies representing the blockchain industry.
Binance is ready to work within the framework of the law, but if it takes repressive forms, the exchange will be forced to leave the American market, the top manager noted.