Crypto exchange Binance is reportedly being investigated by the U.S. Commodity Futures Trading Commission (CFTC) over concerns surrounding whether it allowed U.S. investors on the platform.
According to a Bloomberg report on Friday, which cited anonymous sources, the CFTC is seeking to determine whether Binance has allowed residents in the U.S to buy and sell crypto derivatives products while not being registered under the government agency’s oversight. 
BNB, the exchange’s native token, dropped by 6% shortly after the news broke. 
Binance has not responded The Block’s request for comment. But Binance co-founder and CEO Changpeng Zhao shrugged off the news on Twitter by saying it’s all FUD (Fear, uncertainty, and doubt).
„It’s not a bull market without some FUD. Ignore FUD, keep BUIDLing,” he tweeted after the news.
The news comes just a day after Binance announced it has hired Max Baucus, who served decades in the U.S. Senate and later as an ambassador to China, to help the

Czytaj więcej

Źródło: https://www.theblockcrypto.com/linked/98138/binance-us-investigation-report?utm_source=rss&utm_medium=rss