CZ Demands Custodial Overhaul & Investor Audits Amid QMMM Scandal - Crypto Markets Brace
Binance's Changpeng Zhao drops regulatory hammer demanding immediate custodial reforms and investor audits across digital asset platforms.
The Compliance Crackdown
CZ's ultimatum shakes crypto foundations as QMMM scandal exposes systemic vulnerabilities. No more self-custody loopholes - institutional-grade safeguards become mandatory overnight.
Audit Avalanche
Every digital asset transaction platform now faces unprecedented scrutiny. Investor protection moves from talking point to enforcement priority as regulators circle wounded markets.
Market Implications
Short-term pain for long-term legitimacy - the crypto industry's favorite trade-off gets another stress test. Traditional finance skeptics sharpen their 'I told you so' pencils while Bitcoin barely flinches.
Welcome to crypto adulthood: where transparency costs more than mining rigs and accountability becomes the new moon mission.
