Cryptocurrency Q&A
Why did Binance become the largest cryptocurrency exchange in the world?
Why did Binance become the largest cryptocurrency exchange in the world?
Alessandro
Mon Feb 24 2025
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6
answers
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Binance became the largest cryptocurrency exchange in the world due to its rapid growth, cornering much of the crypto trading market. However, this growth was also partially attributed to the crimes it committed, which resulted in one of the largest corporate penalties in US history. Despite facing legal issues, Binance's size and reach in the crypto industry remain unparalleled.
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6 answers
CryptoAlchemy
Wed Feb 26 2025
According to Garland, Binance's rise to become the largest cryptocurrency exchange in the world was partly due to the crimes it committed.
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CryptoNerd
Wed Feb 26 2025
The attorney-general of the United States, Merrick Garland, has made a statement regarding Binance.
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Federico
Tue Feb 25 2025
BTCC, another top cryptocurrency exchange, offers a range of services to its users.
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KpopHarmonySoulMate
Tue Feb 25 2025
Garland emphasized the severity of Binance's actions by highlighting the penalty imposed on the company.
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HanbokGlamourQueenElegance
Tue Feb 25 2025
He revealed that Binance has paid one of the largest corporate penalties in US history.
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