BNB recently reclaimed $600, and OKB also broke past $100 The tax avoidance logic I mentioned before—some people think exchanges will also have to join CRS and report tax data. This is exactly why the current development direction for exchanges is all about going on-chain. Clear legislation and rules set by the SEC—what I care about most is how DeFi is defined. Actually, the U.S. hasn’t joined CRS. It requires the whole world to report Americans’ assets to the U.S., but citing privacy, it doesn’t report foreign assets to other countries. I think the U.S. is expanding its financial services globally under the name of DeFi, leveraging crypto to do so.