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Binance US Delisting Tron's TRX Token Amid Regulatory Pressure.

1 min read
Source: Bitcoin News
Binance US Delisting Tron's TRX Token Amid Regulatory Pressure.
Photo: Bitcoin News
TL;DR Summary

Binance US has announced that it will delist Tron (TRX) and Spell (SPELL) cryptocurrencies on April 18, 2023, citing changing risk profiles, volume and liquidity, network resilience, and regulatory standing in the United States. The move follows Binance's being sued by the U.S. Commodity Futures Trading Commission (CFTC) and Tron founder Justin Sun's being sued by the Securities and Exchange Commission (SEC). Binance US will continue to support USDT's TRC20 version and USDC issued on the Tron network.

Topics:business#binance-us#cryptocurrency#delisting#regulatory-pressure#spell#tron
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  1. Binance US to Delist Tron and Spell Tokens Amid Heightened Regulatory Pressure – Bitcoin News  Bitcoin News
  2. Binance's US Exchange Says Bye-Bye to TRON's TRX Token  Blockworks
  3. Binance US to Delist Justin Sun's Tron Token Next Week  Decrypt
  4. Tron’s TRX Drops 6% as Binance.US Delists the Token  CoinDesk
  5. Machine learning algorithm sets TRON (TRX) price for April 30, 2023  Finbold - Finance in Bold

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