CZ_Binance Thanks Don for his support and recalls that at the 2018 Cumberland Summit, he warned that “regulation by enforcement” would be very bad.
I clearly remember at the 2018 summit in @CumberlandSays that you said on stage that “regulation by enforcement” would be terrible. I even had to look up online what that meant at the time, only to experience it firsthand a few years later. Thank you for your support!
🇺🇸@drwconvexity @CumberlandSays @binance Thank you, Don! 🙏
I clearly remember that, at the 2018 summit in @CumberlandSays you said on stage that “regulation by enforcement” would be terrible. I even had to look up online what that meant at the time, only to experience it firsthand a few years later. Thank you for your support!
I clearly remember at the 2018 summit in @CumberlandSays that you said on stage that “regulation by enforcement” would be terrible. I even had to look up online what that meant at the time, only to experience it firsthand a few years later. Thank you for your support!
I distinctly remember in the 2018 @CumberlandSays summit, you said on stage that "regulation by enforcement" would be very bad. I had to google what that meant, only to experience it years later. Appreciate the support!
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
Binance: This statement reinforces the CZ negative narrative around “regulation by enforcement,” but discloses no new regulatory actions, business changes, or asset data, so the direct impact is limited.
Why it matters to readers
The content comes from a personal reply forwarded on Telegram, mainly recalling past regulatory experiences and expressing thanks; it lacks independent sources or verifiable new facts.
Subject of interest:Binance. Observation period: short term
Risks and unknowns
Whether relevant regulators issue new announcements or enforcement developments emerge
CZ or Binance whether more specific regulatory positions or explanations of business impacts are released
Binance Conditions that could reverse the impact assessment: if new regulatory measures, litigation developments, or Binance business adjustments emerge subsequently, the impact assessment may change.
