Binance Faces Scrutiny as Senators Request Information on Business Operations - Crypto Clampdown Incoming?

Three US senators have asked Binance and its US partner Binance.US to provide detailed information regarding their business operations amid accusations of illegal practices. In a letter dated Wednesday, Senators Elizabeth Warren (D-Mass.), Chris Van Hollen (D-Md.), and Roger Marshall (R-Kansas) asked Binance "to provide transparency about potentially illegal business practice," while accusing the exchange of being a "hotbed of illegal financial activity."...