The platform mentioned it took the “troublesome choice” with its U.S. banking associate due to an “evolving regulatory surroundings” within the nation. Regulators there, led by the Securities and Change Fee, have been cracking down on crypto, focusing on change platforms like Coinbase (COIN) and Binance, in addition to a number of particular person tokens together with Solana’ SOL and Polygon’ MATIC, alleging violations of federal legal guidelines.
