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In the crypto-and-US-stocks arena, nobody will mention “compliance” anymore—because BP’s official Chinese Twitter post with the line “As a US-based brokerage…” has directly brought compliance to the max.
Right now, most major CEXs operate channels in the form of cooperation with brokerages, while BP chose to obtain a US brokerage license directly.
Coin prices have also risen in response—nearly doubling in a day.