Wall Street Giant Bernstein: Binance May Shut Down Binance.US After CFTC Litigation!

Wall Street giant Bernstein claimed that the US Commodity Futures Trading Commission (CFTC) may suspend the operations of Binance’s US subsidiary, Binance.US, as part of the lawsuit.

A report shared by Bernstein on Tuesday, March 28, included the possible consequences of the lawsuit filed by the CTFC against Binance. Analyst chhugani And manas Agrawal CTFC’s lawsuit was filed by Binance as part of a potential settlement. could result in the US halting operations. was put forward.

Analysts, in case of such a situation, play an important role in Binance’s cash flow. Australia, Africa And Europe stressed the possibility of strengthening its work in its markets.

The report states that Binance.US, the US subsidiary of Binance, is a small part of global operations and that global operations less than 5% of specified. At this point, analysts stated that closing a small share of Binance’s huge global business would not be a problem. AsiaHe also stated that he started to slide to .

While the repressive and daunting moves by the US towards crypto money companies continue to come, Hong Kong Cryptocurrency trading for individual investors one JuneIt plans to start from .

On Monday, March 27, the CFTC filed a lawsuit against Binance and CEO Changpeng Zhao (CZ) for regulatory violations. Chairman of the CFTC Rostin Behnam In his last-minute statement today, Binance is clearly tax evasion He emphasized that the regulatory agency’s position is clear.

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