#Mazars #crypto #Binance #yahoofinance
Yahoo Finance’s Brad Smith explains news that Mazars has halted work for crypto firms.
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Mazars is finally doing the right thing, instead of hiding behind disclaimers… Crypto companies (like Binance) are misleading the public with reports produced by auditing firms.
Mazars:
“paused its activity relating to the provision of Proof of Reserves Reports for entities in the cryptocurrency sector due to concerns regarding the way these reports are understood by the public.”
“Proof of Reserves Reports are performed in accordance with Reporting Standards relevant to an Agreed Upon Procedures report. They do not constitute either an assurance or an audit opinion on subject matter. Instead they report limited findings based on the agreed procedures performed on the subject matter at a historical point in time.”
Here we go again.
We all know the future of Finance is blockchain and decentralization need to take the power and control from these governments and private entities
If you think that governments will happily give away the centralized control and regulation of financial markets you are clearly mistaken. Blockchain has many use cases, but decentralized currency markets is not one of them.
cope crypto clowns
@6j it’s okay just because you are not one of the ones to see the future or be part of it doesn’t mean it won’t happen do you think everything is the way it’s supposed to be
Yea ok. “crypto is decentralized”. Good one
Cryptocurrency is a ponzi scheme. The government may well go digital currency but they will control the currency and it being used in each individual country.
Yep, we are already too late for those coins but luckily we have some options left like Marshmello Finance MARSH3
Marshmello Finance MARSH3 is 🔥🔥
The smartest token in the world is Marshmello Finance MARSH3, the first token that controls itself and not by owners or anyone else.
I am not interested in those coins anymore, there are much better and safer altcoins like Marshmello Finance MARSH3.
Marshmello Finance MARSH3 is gonna explode anytime soon 🔥
Yep, we are already too late for those coins but luckily we have some options left like Marshmello Finance MARSH3
Why do you say there is no way? Have you seen Marshmello Finance MARSH3 This thing is gonna skyrocket 🚀🚀
Marshmello Finance MARSH3 prevents Bear market, bot trades, paper hands by its automatic algorithms, so it’s the safest altcoin ever. I am sure it will hit 10 bucks in no time.
Marshmello Finance MARSH3 is 🔥🔥
The smartest token in the world is Marshmello Finance MARSH3, the first token that controls itself and not by owners or anyone else.
I am not interested in those coins anymore, there are much better and safer altcoins like Marshmello Finance MARSH3.
Marshmello Finance MARSH3 is 🔥🔥🔥
Marshmello Finance MARSH3 is gonna explode anytime soon 🔥
i’m glad I got into crypto when I did because it’s been a turning point for me financially, been my best decision so far..I thank you alot Ms dickson harriet….
wow this is wonderful,it is really a great thing to see others who trade with her, i am currently on my 6th trade with her and my portfolio has increased tremendously,
I’m happy to see Mrs. harriet mentioned here , my spouse recommended her to me after investing $ 8000 and she has really helped us financially in times of COVID -19 lockdown here in Australia. ???
I also invested wih Mrs harriet, She charge a 15% commission on profits each trading session, which is fair compared to the efforts she put in to make huge profits.
All these positive comments are encouraging, I want to wake up one morning and find out that my portfolio is $1,000,000. Hope it’s possible?
You’re all bots.
you really are something else
Adults are in the room now. No more video-game box toys and vaping dabs in a beanie with a beard from fragglerock playing Diablo snorting and smoking cocaine and meth while self proclaiming to be an “Alpha Male” that’s 5’2” with tiny hands.
😂😂😂
YOU CANNOT IMAGINE 👆👆👆HOW MUCH STRENGTH YOUR SUPPORT HAS GIVEN ME DURING THIS DIFFICULT TIME..THANK YOU FOR YOUR THOUGHTFULNESS AND YOUR LEGIMATE CASHAPP SERVICE YOU DID FOR ME YESTERDAY.✅
Their tradfi customers said its them or us. Thats why they dropped those contracts.
How much of that reserve is in RMB, in Russian Rubles or in FTT?
Wow – this is quite a surprise! It’s definitely a blow to the crypto ecosystem, and it will be interesting to see what other auditing firms will do in response. Coinbase is the only firm that is properly audited by a top-four firm (Deloitte) and CZ sounded like such a moron on CNBC saying “No one knows how to audit” Binance. To be honest, if CEOs like CZ try to pass off the Mazars reports as real audits (which they aren’t) then they are either lying or ignorant or both.
Binance won’t be sued anytime soon. All bluster.
#1 The USA will not go after them without western nations approval first. Not gonna happen. We aren’t going to Piss off our Allie’s by doing it, John Wayne style. Too much tied up in it.
#2 American wealthy investors and buisness interests also in it and will persuade them to wait until they’ve positioned themselves first. Watch for that.
Until then, it’s all noise