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Volumes at U.S.-based competitor Coinbase are higher by 9% over this period.The dramatic decline comes as Binance is in the crosshairs of regulators around the world following a string oflawsuits,license rejections and voluntary withdrawals.

Prosecutors at the U.S.

Department of Justice (DOJ) are reportedlyweighing chargesagainst the company, while the Securities and Exchange Commission (SEC)three months ago suedBinance, the exchange’s U.S entity Binance.US and founder Changpeng “CZ” Zhao, alleging multiple federal securities laws.asanify com for indians for beginners Blockchain Investments: Earn Up to 100% Monthly Returns