PANews reported on January 22 that CryptoQuant CEO Ki Young Ju tweeted that cryptocurrency is essentially uncensored finance, and over-regulation of Coinbase goes against its original intention. He believes that in the crypto world, self-regulation and customer trust are more important, which is why more users around the world choose Binance. Previously, Alex Svanevik criticized Coinbase for having a user experience that is worse than that of a bank, including repeated withdrawal form filling, random account freezing, and a 10-hour delay in Solana withdrawals.