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Binance has agreed to keep customer funds in US
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Case Law, Emerging Technology, Government Oversight, Nonbank Financial
Tuesday, June 20, 2023
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As part of ongoing litigation between crypto exchange Binance and its founder and the U.S. Securities and Exchange Commission, the parties have reached an agreement to hold in the United States. The order also prohibits BAM Trading Services – Binance’s parent company – from engaging in spending outside the ordinary course of business.
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