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Cryptocurrency exchange BINANCE is being investigated by the Commodity Futures Trading Commission to determine if U.S. residents are trading derivatives on it in violation of U.S. rules, Bloomberg reported.
- Binance hasn't been accused of any wrongdoing, according to the report, which cited people familiar with the matter.
- The exchange told Bloomberg it never comments on its communications with regulators.
- The probe is another sign that regulators may block the crypto industry’s ambitions of becoming more mainstream for U.S. investors.
This story is developing and will be updated.
