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Binance Sees Record-High Outflows Amid Regulatory Fiasco

Binance BUSD Stumbles Under Regulatory Pressure: $500 Million

Binance Faces Backlash Over BUSD Operations Amid Scrutiny

Binance

Binance, the largest cryptocurrency exchange, has been experiencing record outflows over the past few days as regulators move in to clamp down on its stablecoin

Binance's net outflow exceeded US$500 million in

Binance has recently been all over the headlines following the decision made by the U.S. Commodity Futures Trading

Binance Usd

Outflows of BUSD, a Binance stablecoin pegged to the US dollar have steeply increased following CFTC’s lawsuit alleging “Willful Evasion” of U.S. regulations and the sale of unregistered

Binance USD (BUSD), a stablecoin pegged to the U.S. dollar, endured over $500 million in outflows in the roughly 24 hours since a U.S. lawsuit was filed against Binance

Binance’s BUSD Bleeds As Outflows Hit Over $500 Million

After The News Of The

After the news of the case became public, the BUSD exchange reserves have reportedly decreased by $500 million since the data from Cryptoquant was collected.

Binance processes $1B withdrawals amid regulatory

Binance BUSD Stumbles Under Regulatory Pressure:

BUSD reserves crumble amid Binance regulatory saga

Binance's BUSD Stablecoin Suffers $500M Outflows After CFTC