Cathie Wood on Binance, Coinbase Legal Woes

What is the primary reason for the regulatory scrutiny on Binance?

• Its investment in Bitcoin

• Its compliance with SEC regulations

• Its partnership with Coinbase

• Its involvement in fraudulent activities

What is the SEC's role in the regulatory environment discussed?

• It is part of the judicial branch

• It is part of the executive branch

• It is part of the legislative branch

• It is an independent entity

Why does Cathie believe Bitcoin is a good hedge against inflation?

• Because it is controlled by the government

• Due to its transparency and lack of counterparty risk

• Because it is a physical asset

• Due to its stable value

How does the Bitcoin blockchain help in reducing counterparty risk?

• Through its transparency and visibility of transactions

• Through its fixed supply

• By being regulated by the SEC

• By being completely anonymous

What is one of the main differences between Binance and Coinbase according to the transcript?

• Coinbase is accused of co-mingling funds

• Binance has more transparency in transactions

• Coinbase is not accused of the same issues as Binance

• Binance is a smaller player in the market