Binance Strengthens in Asia in Response to US Pressure, BNB Price at Crossroads

Dec 22,2022
Binance Strengthens in Asia in Response to US Pressure, BNB Price at Crossroads

Binance, the industry leading digital currency ecosystem, has announced its next steps to expand its influence in China. Kazakhstan is a new type of trans mainland country and the ninth largest country in the world. The governments of Binans and Kazakhstan have officially announced the operation of a joint education program. Previously, Binance won the license in the host country.

To some extent, the consolidation of the black and yellow ape giant in Kazakhstan seems to be a major move of both sides. This is related to the emergence of Kazakhstan in the mining sales market. Since the beginning of this year, Kazakhstan has occupied a very large market share in this sales market.

In this way, government departments can legitimately and control the growing digital financial field, while making it more systematic. On the other hand, Binance will regain its freedom and starting point in a country close to the crossroads of Asia and Europe.

BNB price at risk intersection

In the context of rumors that the US prosecutor is expecting to accuse Binans of violating the ban and money laundering, this move to the Asian region seems to be correct.

In addition, the price of the original token BNB of the ecosystem has been waiting for its next action. Since the end of November, BNB has dropped by 20%. BNB is at a critical crossroad. Up to now, the work pressure still exists.