After Binance acquired FTX, it will occupy more than 80% of the global cryptocurrency market share

ChainCatcher news, Wall Street investment bank Bernstein stated in its latest research report, "If Binance acquires FTX, it will account for over 80% of the global cryptocurrency market, which may attract the attention of antitrust regulators."

The report noted that FTX and Binance operate in multiple countries, and the FTX and Binance entities holding non-U.S. operations are offshore. If FTX invests in U.S. and European jurisdictions, there is room for intervention by regulators in those countries. If the deal fails, it could have a negative impact on the cryptocurrency market. (Source link)