Extension: Legal regulation of digital assets exchanges: on the example of Binance

Record: kaal:position:2026-08-08-124 · 2026-08-08

Legal regulation of digital assets exchanges: on the example of Binance states that Binance's operations substantially influence the development of global norms for digital-asset exchanges. This supplies a concrete exchange-level instance of Kaal's account of centralized technology firms retaining norm-setting power. The abstract does not show that Binance's influence is untraceable, exclusive, or effective across all jurisdictions.

Affirmed commentary position. This record extends a source-bound scholarly claim but is not a verbatim paper claim.

Holds when

The response is limited to the retrieved source proposition and mapped Kaal claim unless fuller source review supports a broader conclusion.
External evidence level: abstract indexed.
Mapping review tier: substantively reviewed abstract-level extension.
Primary mapping confidence: 0.62.
The primary mapping cleared the automated ambiguity test; substantive scope remains review-bound.
Evidence is limited to an exact proposition in a Crossref-indexed abstract; full text was not reviewed.
No relationship is treated as external endorsement, citation, causation, or validation of a broader Kaal claim.
The source attributes to Binance a substantial influence on the development of global norms for digital-asset exchanges. This supplies a concrete exchange-level instance of Kaal's mechanism in which centralized technology firms retain norm-setting power, while the abstract does not show that Binance's influence is untraceable, exclusive, or effective across all jurisdictions.

Current debate

Legal regulation of digital assets exchanges: on the example of Binance

Scholarly basis

kaal:claim:3709041-026
Kaal, Blockchain Technology for Good (2020). SSRN: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3709041
Source PDF sha256: 5216a7bca45a48e3bef11ec524936e66af737c0fd66271e9f6866dc20a4482cc

Evidence and mapping

Evidence: abstract indexed
Review tier: substantively reviewed abstract-level extension
Mapping confidence: 0.62
Mapping ambiguous: false

Topics

governance-design historical-response scholarly-literature crossref

Provenance

Affirmed in kaal-review:2026-08-08:continuous-crossref-0011-remainder-0004-oldest-0050-reviewed-v1 on 2026-08-08. Review record.

Verify

Canonical markdown sha256: e9607e142505c1249dd86da3e1795094572eebbcff5627a7f72b0ca59eea27ad
curl -s https://wulfkaal.github.io/positions/2026-08-08-124.md | sha256sum