CFTC President Rostin Behnam says exchange operator Binance knowingly violated CFTC rules following a lawsuit accusing Binance and its CEO.
The CEO of Binance indicated that there were issues with several services in USD margin trades.
Elizabeth McCaul stated that major global crypto businesses like FTX and Binance require tighter laws and greater international regulatory collaboration.
If Binance loses the CFTC lawsuit, it will severely damage other crypto companies in the US.
According to a recent estimate, Binance lost 16% of its market dominance in the first quarter of 2023.
Binance lost 16% of its spot market share to 54% when the CFTC launched a lawsuit.
Gemini, the Winklevoss twins' crypto exchange, is developing an offshore derivatives market.
Radix Trading, a Chicago-based quantitative trading firm, has identified itself as one of the unnamed US firms described in the…
According to the CFTC, Binance failed to register as a US derivatives exchange.
This website uses cookies.