In this world of cryptocurrency, a sea-shaking change is quietly taking place.

On April 4, a piece of news was like a bombshell that shocked the entire market. Mouan, the world's largest cryptocurrency exchange, announced a major decision: starting from April 18, 2024, it will stop supporting the trading and recharge business of Bitcoin NFT.

So what does this decision mean?

To put it simply, Russia can no longer conduct secret financial transactions through encrypted funds. After all, Russia’s actions in the cryptocurrency market have always been the focus of international attention.

Let’s first review that by the end of 2022, Mouan already had more than 120 million users, and its daily transaction volume was as high as 65 billion US dollars. This is a huge number that shows just how influential the cryptocurrency market is. However, it is this influence that has also made cryptocurrency a tool for secret financial transactions in some countries.

Just like the much-discussed incident of $20 billion in cryptocurrency being transferred to Russia, it is undoubtedly a typical example. However, with An's decision, this situation will no longer exist.

In my opinion, Binance’s decision is undoubtedly an important safeguard for the global financial order. It shows that the cryptocurrency market is not a lawless place, but a market that needs to abide by the rules and accept supervision. This will help combat illegal activities in the cryptocurrency market and protect the interests of investors.

Of course, this decision may also spark some controversy and discussion. One might argue that this is a restriction on the freedom of the cryptocurrency market. However, Xiaoyun believes that this is a necessary sacrifice in order to maintain financial order. After all, no market can develop healthily without rules and supervision.

Overall, An’s decision is of great significance to both the cryptocurrency market and the global financial order.

It announces the end of an era and also heralds the beginning of a new era. And all of this will open a new chapter on April 18, 2024. #大盘走势 $BTC $ETH