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Also Read: Harvard Professor: US Fed ‘Pause’ In June Meet; But There’s A Catch advertisement The CFTC had in March 2023 sued crypto exchange Binance over “wilful evasion of US law,” in the midst of a flurry of various other enforcement actions by the U.S. Securities and Exchange Commission (SEC) against crypto businesses. How The US Can Protect Dollar Dominance Speaking at an “Ask Me Anything” event hosted by Binance on Wednesday, the CEO said the US does not want to lose the US Dollar dominance globally. The United States is a large government with multiple departments looking into the financial sector and different people in the government may have different views, he explained. However, he said adopting the web 3.0 space could actually help the United States ’ cause, in contradiction to the apparent fear of losing relevance if crypto is regulated. In addition, CZ said the US banking giants feel thre...

Also Read: Bull Market Issue; CZ Addresses Bitcoin Withdrawals Issue advertisement Bitcoin Price Drop To Continue? As per the data, Bitcoin price dropped by 3.6% as its market cap lost around $20 billion in the last 24 hours. This drop comes amid the recent point raised by the world’s largest crypto exchange. Binance temporarily halted Bitcoin withdrawals for a couple of hours mentioning a heavy volume and a spike in processing fees. Bitcoin 24 hour trading volume dropped by 4% to stand at $14 billion. BTC is trading at an average price of $27,960, at the press time, recording its lowest in nearly a week. Source: CoinMarketCap Also Read: Binance Alleged Of Evading Russian Sanctions; CZ Yet To Reply Trending Stories XRP Price Analysis: This Chart Pattern could Restart Bullish Recovery in XRP Price; Back to $0.55 24/7 Cryptocurrency News Bitcoin Price Analysis Guide for Coming Week with Potential Target and S...