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Nuha Yousef
2 years ago
As regulators tighten their grip on the cryptocurrency industry, Binance, once the undisputed leader of the digital asset market, is facing an existential crisis.
Two Hong Kong-based cryptocurrency exchanges have been authorized to serve retail customers, potentially bolstering the city's aspirations to become a digital assets hub amidst the waning global interest in cryptocurrencies.
Murad Jandali
Investors withdrew as much as $3 billion from Binance last week as a deluge of negative headlines about the cryptocurrency industry rattled users of the world’s largest exchange.