of increased regulatory scrutiny not only in the United States, but across several countries.
According to data from research firm Kaiko, Binance’s spot trading market share stood at 55.9% in June 2023, hitting near a one-year low. The figure is nearly the same as the last two months.The trading platform was facing enforcement action at the hands of the U.S. Securities and Exchange Commission as the agencyIn late March, another U.S. agency, the Commodity Futures Trading Commission , alsoBinance’s U.S.