In June, the watchdog sued Binance.US, the exchange’s global parent Binance Holdings and founder Changpeng “CZ” Zhao, alleging they ran an unlicensed securities exchange. The SEC’s findings in the case so far demonstrate “the urgent need for an inspection,” Monday’s filing said, as the regulator restated its worries about Binance’s use of custody platform Ceffu.
Crypto Exchange Coinbase (COIN) Raised to Neutral at Bank of America on Positive Market Dynamics
Bank of America said it was upgrading the stock for a number of reasons, including the positive macro backdrop that...