Is binance shutting down

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Binance Fined $4.3 Billion, CEO Pleads GUILTY
The Securities and Exchange Commission agreed on a compromise with Binance that will keep the exchange open as it battles a fraud lawsuit. Binance plans to shut down a partnership with a payments firm that allowed customers to move funds held at sanctioned Russian banks to the. Binance CEO and founder Changpeng "CZ" Zhao came close to shuttering the crypto exchange's U.S. arm earlier this year in order to protect.

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Binance offers a wide range of services, including spot trading, futures trading, margin trading, staking, lending, and decentralized finance DeFi. As the cryptocurrency ecosystem continues to evolve rapidly, adapting to such sudden changes becomes a testament to the community's resilience and ability to navigate challenges. The prices of bitcoin and other cryptocurrencies would likely plummet, as traders and investors scramble to liquidate their positions and withdraw their funds from the exchange. Cryptocurrencies Singapore tells crypto companies to put assets in trust.

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