[ad_1]
Tensions between India and Pakistan escalated again, and India carried out air strikes on some terrorist bases in Pakistan under the “Sindoor” operation on May 7. On the one hand, while The encryption market gained momentum after the Sindoor OperationOn the other hand, reactions from all over the world began to appear immediately after this accident. Meanwhile, the founder of Binance and the famous Changpeng Zhao (CZ) made a large statement on social media.
“We hope that everyone in Pakistan and India will be safe. We condemn the war. We must compete in technology and economic development, not in the war. We are all human beings and live on the same planet,” Chicoslovakus said in its statement.
It seems that the Chic Triki statement, which was issued after the Sendor operation, appears to
This can also become a great controversy. Since Check Check players did not directly criticize the military measures taken by India, but they spoke against the Sendor operation by placing each of the two countries at the same level, because some people felt that he was hostile to India and now after this statement, the problems have increased to exchange Binance in India.
Binance is already under investigation in India
After a CZ statement, the Indian government and agencies can now investigate more rigorous action against Binance. Also earlier, Binance was accused of working without a license in India and not following the tax rules.
But now that Chic Chic has opposed the use of war through “equality of the two countries” in some way, questions are asked in India whether Binance understands the policy of India.
Some experts say this CZ statement did not come in time politically. This can harm the Binance image in India and some major measures can also be taken against it.
Binance’s reputation may be greatly affected
Millions of people are used in India Binance, and the Indian encryption market grows rapidly, but it is also true that the government wants to regulate it completely. Meanwhile, when Binance CEO makes such statements at this sensitive time, the government cannot lightly take it.
Experts believe that CZ should have maintained his mind at this time, especially when his company was already under investigation. On the other hand, if the Indian government now takes any strict action against Binance, then both the company’s reputation and profit can suffer from a major setback.
Will action be taken against Binance?
Now the question is, will the Indian government take a Chic Chic statement seriously and impose a new ban on Binance? Although there is no official reactions yet, there is one thing that is clear that the situation is not normal yet.
The statement issued by CZ after the Sendoor operation that India launched in response to the correct PAALGAM attack from a human perspective, but immediately a statement after the country’s military action raises many questions. At the same time, a large company like Binance needs to speak more thinking while working in a large and sensitive market like India. Otherwise, its legal and legal consequences can be dangerous.
