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On December 28, 2021, a big interview was published on the blockchain24 channel – Blockchain Magazine with Gleb Kostarev.
The director of Binance in Russia and the CIS told the listeners of the online magazine blockchain24.pro about how the cryptocurrency market in Russia has changed in 2021, and how these changes have affected the operation of the largest cryptocurrency exchange in the world.
“Russia is one of the largest markets for crypto,” said the director of Binance in Eastern Europe. “A huge number of people have entered the industry. For existing exchanges, this is a challenge, because when you have a large number of people come to the exchange, it is important that your infrastructure is stable so that there are a minimum of problems. “
He emphasized:
“We try to scale, solve problems. If earlier, with sudden movements, Binance often worked with lags and problems, now you can see that there are fewer and fewer such problems. “
Gleb Kostarev and the chief editor of blockchain24.pro summed up the results of 2021, discussing the problems and trends faced by cryptocurrency users and institutions that serve them in the past year. In the conversation, questions were raised about the regulatory unpredictability in the country, how it affects the percentage of institutional and retail investors, as well as about Binance’s cooperation with the tax authorities of the Russian Federation and law enforcement agencies.
In addition, the director of Binance talked about Binance Smart Chain, how the listing on the exchange is going: who is on the list and whether scam projects can get into it for a fee, the degree of security of user accounts on Binance, and much more.
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