Published by
Benzinga
Benzinga
Binance Holdings Ltd., the world’s largest cryptocurrency exchange in terms of daily trading volume, has faced significant challenges and negative impacts as a result of legal actions initiated by the U.S. Securities and Exchange Commission (SEC). The company has been subjected to legal scrutiny and regulatory pressure, which has had a detrimental effect on its operations and reputation in the cryptocurrency industry. Declining Market Share The SEC’s lawsuits and investigations against Binance have led to a decline in user confidence and increased regulatory uncertainty surrounding the platfor…