A Binance spokesperson said the company is putting its focus on its users as it moves into a new chapter.
Crypto exchange Binance has started to recover its trading volume market share months after settling its case with the United States Department of Justice and paying a $4.3 billion settlement fine.
According to data from crypto research firm Kaiko, Binance’s trading volume market share rose to 49% two months after the exchange settled its case with U.S. regulators. The uptick follows multiyear lows as the exchange navigated its legal issues.
On Nov. 21, U.S. officials announced a $4.3 billion settlement with Binance. Attorney General Merrick Garland said in a press release that the amount would cover “civil regulatory enforcement actions” by government departments, including the Treasury Department and the Commodity Futures Trading Commission.
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Source: https://cointelegraph.com/news/binance-market-share-recovery-post-us-settlement