US regulator sues crypto giant Binance for violating trade regulations

IndustryTrends

Binance and its founder Changpeng Zhao were accused of many infractions by a leading US markets regulator.

In the charge sheet, Binance is accused of not upholding the criteria necessary for a business acting as a derivatives market.

The action against Binance comes after a crisis in US regional banks wiped out two crypto-friendly lenders

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