Regulatory Tightening: Binance.US Faces Service Halts
Binance.US halts services in Florida and Alaska post-CZ's legal woes; states express regulatory concerns.

Binance.US halts services in Florida and Alaska post-CZ's legal woes; states express regulatory concerns.
With the SEC and Binance US both claiming victory, the deal is ultimately a compromise, in favor of users.
In addition to the CFTC lawsuit, a U.S. District Court has halted the sale of Voyager Digital.
If the deal goes through successfully, Voyager customers could recover 73% of their assets.
An errant Google Forms account and an early trading launch were among the missteps that concerned team members at Binance.
The agency is asking for more details how the crypto exchange can afford the deal.
Binance US said customer assets are backed 1:1, and that the company is subject to regular audits.
Crypto firm Voyager Digital Ltd said on Monday it will sell its assets to Binance.US in a deal valued at about $1 billion following a review.
The Binance CEO also said the industry allowed FTX to get too big before it started questioning its actions.
The new license from Puerto Rico further strengthens Binance CEO Changpeng Zhao's vision to be licensed everywhere.