The platform said it took the “difficult decision” with its U.S. banking partner because of an “evolving regulatory environment” in the country. Regulators there, led by the Securities and Exchange Commission, have been cracking down on crypto, targeting exchange platforms like Coinbase (COIN) and Binance, as well as a host of individual tokens including Solana’ SOL and Polygon’ MATIC, alleging violations of federal laws.
Bitcoin (BTC) Prices Could Hit Highs of $74K as Selling Pressure Eases, Traders Say
“Short-term Bitcoin holders are selling at basically zero profit and traders are depleting their unrealized profits in the last few...