BNB Down, Binance Markets Tank on US Exclusion

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The relationship between cryptocurrency exchanges and regulators have historically represented a precarious one. As the space continues to grow and mature, regulators are taking an increasingly active and firm approach to the compliance and cooperation of exchanges. Binance is the most recent player affected by this dynamic. Early this morning, Binance announced that it would cease service to US users in 90 days. Binance represents the largest cryptocurrency exchange in the world by many metrics. Additionally, they’ve previously taken a relatively lax stance towards accounts in the US, which has made it especially popular among United States residents. Naturally, this…
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BNB Down, Binance Markets Tank on US Exclusion

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