Nostradamus Sees Crypto In 2022 While Binance Lays Regulatory Groundwork In Canada And Bahrein

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Last Updated on 29 December 2021 by CryptoTips.eu

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End of the year and so the prophecies of Nostradamus are being looked at again for any indication as to what we can expect in the coming twelve months.

For 2022, his yearly forward looking horoscope (translated from the original French text) talks about inflation, bonds, gold and silver. According to the New York Post, this should be seen as a nod to the rise of cryptocurrencies. Nostradamus said:

The copies of gold and silver inflated, which after the theft were thrown into the lake, at the discovery that all is exhausted and dissipated by the debt, all scripts and bonds will be wiped out.

Not sure if we read the same as the Post (and even Dutch newspaper Telegraaf), but we’ll take it.

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Binance in Bahrein and Canada

Although Americans hear only about Coinbase, Gemini and other eToro companies, the world’s biggest crypto platform is still Binance. Run by CEO Changpeng Zhao, or CZ for the cryptosphere, the behemoth was chased out of many European nations this year, who threatened regulatory checks because of supposed irregularities.

As the year ends, CZ managed to successfully find two nations willing to allow his platform to legally operate.

Bahrain is set to become the first country within the Middle East to grant regulatory approval to a Binance entity.

CZ said:

The Central Bank of Bahrain has demonstrated leadership and forethought in addressing crypto as a future asset class. The approval recognizes Binance’s commitment to comply fully with regulatory requirements and our broader commitment to anchor operations and activities in Bahrain.

Earlier this week, he also informed his twitter followers that a Binance subsidiary had found similar approval to operate in Canada. Binance also partnered with Dubai World Trade Centre Authority (DWTCA)’s to build its new crypto hub.