Binance.US, a subsidiary of Binance, which is the world's largest cryptocurrency exchange by trading volume, is experiencing growing regulatory issues.
The crypto exchange is under close scrutiny after the resignation of ex-CEO Changpeng Zhao and ongoing investigations by the U.S. Department of Justice.
Amid these operational challenges, Binance.US has been recently suspended.
The reasons and implications of this suspension continue to add to the concerns surrounding the crypto giant's US operations.