Binance (BNB) Coin Tanks To 1-Year Low, US DoJ Investigation
On Tuesday, August 22, the token experienced a decrease of up to 3.6%, reaching $203.59, which contributes to its total year-to-date loss of approximately 15%. This decline has occurred despite the significant surge of the crypto benchmark, Bitcoin, which has advanced by over 50% since December and represents roughly half of the market’s $1 trillion valuation. Presently, BNB holds a market capitalization of about $32 billion, positioning it as the fourth-largest cryptocurrency asset. advertisement Crypto exchange binance offers trading fee discounts to BNB holders and they can later use the tokens to settle fees on the BNB Smart Chain. Recently, crypto exchange binance has been having a very tough time dealing with regulators and its channel partners. Amid all the regulatory allegations, Checkout.com was the latest to stop servicing Binance as a payment service provider. US DoJ – Binance Violating Russia Sanctions After the US sanctions on ...