Floral Pattern

Binance Coin Price Prediction as CFTC Sues Binance – Is This the End of Binance Crypto Exchange?

The price of Binance Coin

 (BNB) has fallen by 5% in the past 24 hours, dropping to $310 in response to the news that the CFTC has filed a civil enforcement action against Binance and its CEO, Changpeng Zhao.


At $310, BNB has also dropped by 7.5% in the past week, although the exchange token is up by 2.5% in the last 30 days, as well as up by 26% since the start of the year.

On the other hand, Binance has begun standing its ground in response to the CFTC's action, with Zhao already penning a blog that denies the regulator's charges.


However, if the CFTC wins its case, it's possible that Binance could face an existential threat to its business, as well as some very big financial penalties.

Floral Pattern

Time to start your own exchange

It's time to connect with an exchange  development company to make your own exchange  like binance

Click  The Below  Link to get in touch