Binance loses market share after regulatory clampdown
Binance loses market share after regulatory clampdown
World’s biggest crypto exchange hit after moves by New York regulators and CFTC
Binance, the world’s largest cryptocurrency exchange, has lost a quarter of its market share in the past three months as a US watchdog pursues it for alleged violation of federal laws.
The sharp decline has come as Binance runs into tougher commercial competition, greater scrutiny of its activities from US regulators.
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