Is Binance a puppet of the Chinese authorities? CZ says no Crypto Diffraction

News Snapshot:

Yesterday, September 1, the official Binance blog posted an article on the subject of whether the exchange is a Chinese company. CEO Changpeng “CZ” Zhao thus decided to respond to critics and supporters of “conspiracy theories” about official Beijing’s influence on the company’s course. What are the rumours floating around Binance? A “conspiracy theory” is gaining popularity online that the exchange is not just operating in China, but is a “pocket toy” of China’s Communist Party. This is allegedly how Beijing controls some of the financial flows in the cryptocurrency, monitors users and influences geopolitics. These rumours have flared up...