Regulators in Florida and Alaska said Binance.US can no longer serve its residents after former CEO Changpeng Zhao’s guilty plea.
Troubled cryptocurrency exchange Binance.US continues to face pressure from regulators in the United States in the aftermath of the former Binance CEO’s guilty plea.
Regulators in Florida and Alaska have told Binance.US that the crypto exchange can no longer serve its residents, The Wall Street Journal reported on Jan. 25.
The Alaska Division of Banking and Securities reportedly denied a renewal of Binance.US’s license in January 2024. Cointelegraph approached the agency for a comment regarding the denial but did not receive a response at the time of publication.
