Binance Considers Pulling Back From US Partners as Crypto Crackdown Escalates
Crypto giant Binance is considering ending relationships with US business partners as regulators turn up the heat. From a report: The company, which operates the world's largest crypto exchange, is weighing the retreat after its relationships with a key banking partner and stablecoin issuer ran into trouble amid intense scrutiny from authorities, according to a person familiar with the issue. Binance has been probed by the Securities and Exchange Commission, Commodity Futures Trading Commission,
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