How do you see Binance moving forward?
Binance.US said on Thursday that it is suspending deposits in US dollars and that its banking partners are preparing to suspend the option for fiat dollar withdrawals.
I got the information from Bulios Breakfast - Newsletter
If anyone has an account and money there, are you concerned?
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BinanceUS has been under pressure for some time now, so I would expect the trading activity there to cease. Binance is currently based in Malta, so I wouldn't worry so much there. How Coinbase deals with this will be important and I wouldn't be surprised if it drags on for a few years.
As Christopher writes here, it won't be the same. Once the SEC has you in their crosshairs, you have to start operating by their rules whether you like it or not. But it's hard to say what the end result and impact on crypto will be.
I don't invest with them, but I think it just won't be the same. Pressure from governments and regulation will force them to take some steps that they may not like, but they will have to take. If this affects users, we may see some selling on cryptos again.