Research on Risk Identification and Regulation of Binance from a Global Regulatory Perspective

Xiayi Zhang; Jiawei Xi

doi:10.62177/apemr.v2i5.839

Authors

Xiayi Zhang Guangzhou College of Commerce
Jiawei Xi Guangzhou College of Commerce

DOI:

https://doi.org/10.62177/apemr.v2i5.839

Keywords:

Risk Identification, Regulatory Mechanism, Binance, Cryptocurrency Exchange, FinTech Regulation

Abstract

This study systematically analyzes the compliance, technical, market, and legal risks faced by the Binance exchange from a global regulatory perspective. By examining Binance's operational practices in multiple countries and incorporating case studies such as the substantial U.S. settlement and the EU's MiCA regulatory framework, it reveals three core contradictions within the existing regulatory system: the lag of regulatory tool iteration behind technological innovation, inefficiencies in cross-border law enforcement coordination mechanisms, and institutional deficiencies in investor protection. Based on this analysis, the paper proposes a three-dimensional optimization path centered on the unification of global standards, the deepening of regulatory technology, and the institutionalization of transnational coordination, emphasizing the need to balance risk prevention and control with innovation tolerance when constructing a dynamic compliance framework. The research concludes that effective cryptocurrency regulation must seek a dynamic balance between risk governance and innovation incentives, and that establishing a global regulatory coordination mechanism is key to solving the problem of cross-border regulatory arbitrage.

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