In the grand livestream on May 22, Miles Guo said that if digital currencies have no anchors, they are likely to be maliciously manipulated. However, Himalaya Coin (HCN) is an eternal and absolute stable coin. In other words, one HDO is pegged to one U.S. dollar, which will never change. At the same time, Himalaya Exchange is a responsible financial entity with a legal representative. Recently, it has obtained a new license in a country, now remains confidential, and there will be more exciting news to come. By contrast, Binance does not have a legal financial license or a physical office. Yet it rolled out a digital currency, with no license, no real entity, and no anchors, which fits all the characteristics of scams.
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