Binance.US has updated its Terms of Use to remove support for USD deposits and withdrawals. Meanwhile the global exchange has stopped accepting new users in the U.K.

Kraken and other major exchanges are shifting focus to the European market as the new MiCA framework promises greatly enhanced regulatory clarity.

Lately, Binance and its U.S. affiliate have faced multiple troubles partially connected to ongoing investigations by the SEC and CFTC. Let’s have a closer look at the latest setbacks and successes of the embattled exchange.

Crypto.com teams up with PayPal and Paxos to become a preferred PYUSD exchange as the novel stablecoin conquers markets.

The scandal might turn out to be the largest financial fraud in Hong Kong. JPEX has suggested that its users recover their funds by buying a stake in the exchange.

Crypto exchange JPEX recently raised withdrawal fees to handle a liquidity crisis and stopped its Earn program. The problems were ignited by the Hong Kong financial regulator's investigation of the exchange's operations in the country.

As relations between the Russia and North Korean governments continue to cosy up, a Chainalysis investigation has found that since 2021, Russian crypto exchanges have been laundering stolen crypto used to fund the DPRK nuclear arms program.

Binance is likely to leave Georgia soon due to registration issues. This adds to a series of setbacks, including the end of its partnership with Mastercard and Visa.