With BIS' Blessing, Cryptocurrency Can Withstand Binance's Implosion And More

More are saying that Binance, a major crypto exchange which launched in 2017, could fail. I’ve never seen the anchors at CNBC pull out so many arguments against a crypto company before — it’s almost as if they want people to exit Binance, or as if they know regulators are going to come knocking soon.

And hey, wouldn’t be the worst thing that has ever happened in crypto — it might even be necessary.

Ultimately, the decision by BIS to allow central banks to invest up to 2 percent of their Tier 1 capital into cryptocurrencies like Bitcoin is a massive tidal shift which — in FULCRUM’s view — outweighs any short term market volatility, or even exchange failures.