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Is Binance The Next FTX?The New York Department of Financial Services (NYDFS) has adopted a new regulation for how crypto companies will be assessed for costs associated with their. In response, on February 13, , Paxos notified customers of its intent to end its relationship with Binance for BUSD. The Department is. Changpeng Zhao, the founder of Binance, the largest cryptocurrency exchange in the world, pleaded guilty to money laundering violations.
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