Binance Faces Multiple Challenges Amid SEC Scrutiny.
TL;DR Summary
Binance has suspended trading for over a dozen pairs involving its native BNB token, the defunct BUSD stablecoin, and five involving Ethereum. The announcement comes after Binance US eliminated over 40 crypto trading pairs last week and said its banking service providers would be pausing fiat currency withdrawals starting June 13. The changes are not explicitly linked to the SEC's lawsuit against Binance, which accuses the company of violating securities laws.
- Binance Suspends a Dozen Ethereum, BNB Token Trading Pairs Decrypt
- Binance Emergency Fund Dwindles as SEC Takes Aim at the Crypto Exchange The Wall Street Journal
- Binance.US On Life Support: Market Makers Abandon Sinking Ship As Coinbase Steals The Crypto Exchange Thr Benzinga
- Binance has not sold either bitcoin or Binance Coin, CEO says Reuters
- Binance & Coinbase SEC Charges: How Have Users Reacted? Bitcoinist
Reading Insights
Total Reads
0
Unique Readers
1
Time Saved
1 min
vs 2 min read
Condensed
80%
358 → 71 words
Want the full story? Read the original article
Read on Decrypt