another thing is: Bessent wants to hurt Iran economically now. Iran's major source of funds is China. How do they hurt China economically? Anything they do basically results in a black swan event for markets; Bessent knows this too, he's admitted he didn't want to say too much in his recent "warning", because it could cause a meltdown in global markets. Crazy timing too, eh?

>>62679855
Killing cz would be the most bullish thing for crypto in the long run.

I hope he sanctions monero.

>>62679855
The Trump regime will never investigate crypto. You know why.

>>62680028
now they're in kind of a pickle, yes they pardoned CZ and need crypto, but it also benefits Iran and they want to deal a blow there too.

>>62680011
Pointless, they won't focus on individual assets.

>>62679992
In the long run yes but i'm asking what would happen in the immediate aftermath? Would everyone on binance panic sell and withdraw?

Binance has been going pretty hard on compliance lately so I think it’s unlikely

>>62680982
they've been trying but lot's of money is still getting moved successfully. I was reading headlines last month about it. Now Bessent wants to do "Operation Economic Outcast".

>>62681025
I just got an email like 2 days ago about them cutting off transfers to a bunch of thirdie entities