regulatory issues


Because its previous banking partner failed, sources cited by The Wall Street Journal claim that Binance’s US subsidiary is having trouble locating a bank to take cash payments from its clients. One of the biggest cryptocurrency exchanges in the world has recently come under examination from regulators in a number of nations. Binance US is now operating without a trustworthy banking partner as a result of Silvergate Bank, Binance’s former banking partner, ceasing to support…