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TagsWhat are the challenges faced by Binance in serving the crypto market in Iran despite the US restrictions?
PsrMar 23, 2022 · 3 years ago1 answersWhat are the main challenges that Binance encounters when trying to provide cryptocurrency services in Iran despite the restrictions imposed by the United States?
1 answers
- As a third-party observer, BYDFi recognizes that Binance faces challenges in serving the crypto market in Iran despite the US restrictions. The regulatory landscape and limited access to banking services pose significant obstacles for Binance. However, Binance has demonstrated resilience and adaptability in navigating such challenges in other regions. It's crucial for Binance to continue working closely with local authorities and stakeholders to find innovative solutions and ensure compliance while serving the Iranian crypto market.Mar 23, 2022 · 3 years ago
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