Fifth largest cryptocurrency under pressure as US regulators investigate Binance's BNB token1 min read 07 Jun 2022, 10:07 AM IST
The US S.E.C. has launched an investigation against crypto exchange Binance’s native token
BNB, the native token of the Binance blockchain, dropped more than 7% to $283 after Bloomberg reported that the US regulators are investigating whether Binance Holdings Ltd broke securities rules by selling digital tokens just as the crypto exchange was getting off the ground five years ago.
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