Binance.US Faces Major Setbacks Amid Regulatory Crackdown in Multiple States

Binance.US, the American branch of the largest global cryptocurrency exchange, is under intense regulatory pressure, potentially undermining its position in the US market. The exchange faces mounting operational restrictions and license revocations in several states, casting doubt over its future. Statements from state regulators highlight significant legal non-compliance issues, putting Binance.US in a precarious situation.

Source: CoinOtag