America’s war on crypto has targeted Binance, the world’s largest crypto exchange. In late March, the Commodity Futures Trading Commission unleashed a barrage of accusations against Binance and CEO Changpeng Zhao.
Since then, the firm’s market share has plunged as much as 16, according to recent research.
On April 3, Kaiko research director Clara Medalie reported that Binance’s global market share has slumped in Q1.
#Binance‘s market share plummeted 16 over the past 2 weeks.
Two major events triggered the drop: