Binance.US’ Market Share Falls to 2.7%
Binance.US has seen a sharp decline in its market share in the US, dropping to the lowest level in two years with only 2.7% of exchange volume.
Binance.US has seen a sharp decline in its market share in the US, dropping to the lowest level in two years with only 2.7% of exchange volume.
Binance.US has responded to the US Securities and Exchange Commission’s (SEC) emergency request to freeze the exchange’s assets.
Following the announcement of the SEC charges against Binance, the exchange has seen a decrease of 10,500 bitcoins in its bitcoin balance.
The SEC has filed a temporary restraining order yesterday to further expedite its Monday enforcement action, which requested a freeze of assets, including cryptocurrencies, held by Binance, Binance.US, and their owner Changpeng ‘CZ’ Zhao. The commission alleges that Zhao and Binance executives redirected customer funds to his personal investment funds, such as to purchase an $11 million yacht and BUSD, […]
Paul Grewal, Coinbase’s Chief Legal Officer, claims that the SEC’s regulatory approach is hindering US’s competitiveness.
Robert Kennedy, who is running for the US presidency, has expressed his support for the cryptocurrency and blockchain industry.
The US Securities and Exchange Commission yesterday filed thirteen charges against Binance and its co-founder, Changpeng Zhao.
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financial institution." - Satoshi Nakamoto (Bitcoin White Paper)
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