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2023-04-12 08:07:07 GMT

MYOBTC on Nostr: Binance faces regulatory crackdown by US watchdogs for violating derivatives laws The ...

Binance faces regulatory crackdown by US watchdogs for violating derivatives laws

The world’s largest cryptocurrency exchange, Binance, has been hit with a lawsuit by US regulator the Commodity Futures Trading Commission (CFTC). This is not the first time a cryptocurrency exchange has been charged by a regulator. But this particular case involves a regulator that does not directly oversee cryptocurrencies. This indicates how regulators – particularly those in the US – hope to clamp down on the cryptocurrency industry.

https://www.guardianmag.us/2023/04/binance-faces-regulatory-crackdown-by.html