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including misleading deepfakesOne thing that is done is to block users who are American citizens or US residents with a US mobile number.

Zhao is a Chinese-born Canadian billionaire who previously worked at Bloomberg and launched Binance in 2017 after entering the crypto space.Zhao posted on Twitter a message that read “4” – referring followers back to advice in an earlier post urging people to “ignore ….Binance has stated that it intends to continue collaborating with regulators in the US and worldwide.

US officials warned the sector that they would use the laws they already had to crack down on problems like conflicts of interest and a lack of transparency.The Commodity Futures Trading Commission (CFTC) has accused Binance of trying to do business in the US while not registering with authorities.

Binance has defended its actions by saying it has spent a lot of money to ensure that US users don’t use its platform.

The CFTC’s lawsuit against Binance comes as regulators pay more attention to the crypto industry.FTX US intends to introduce new offeringsFTX US president Brett Harrison noted that the fresh capital places the exchange in a position to actualise its expansion ambitions.

[The] Series A valuation reflects both what weve concretely accomplished and what weve laid the groundwork for in 2022.The exchange completed the purchase of the digital currency futures and options platform in a bid to enter the spot trading market.

it will also use part of the funds to bring onboard news hires as it seeks to take a more significant position in the marketthey urged that the country needed to adopt stricter regulations in the quest to have the ecosystem properly supervised.