The way Asian-run firms react to being charged by regulators i | Shill Team SIX 🔱 (Crypto, NFTs, Stocks)

The way Asian-run firms react to being charged by regulators is so different from that of Western-run firms, Binance's statement is non-aggressive and leaves room for each other to save face.

"The complaint filed by the CFTC is unexpected and disappointing as we have been working collaboratively with the CFTC for more than two years. Nevertheless, we intend to continue to collaborate with regulators in the U.S. and around the world. The best path forward is to protect our users and to collaborate with regulators to develop a clear, thoughtful regulatory regime,"

https://www.coindesk.com/business/2023/03/27/binance-and-cz-sued-by-cftc-over-regulatory-violations/