Binance's recent regulatory issues have caused fear, uncertainty, and doubt among cryptocurrency investors, but this should not deter them from exploring buying opportunities in promising projects such as Avorak AI, Fantom, and Bitcoin.

The SEC has identified several tokens listed on Coinbase and Binance, including DASH, as "security." The DASH community disputes this classification, arguing that its decentralized technology as a payments system does not warrant it. The SEC accuses DASH of being an unregistered security due to the existence of a centralized "core group" dedicated to its development, but the DASH community claims that this group has not existed since 2017 and they have no expectation of profit. The crypto rating council has given DASH a score of 1.0 in its evaluation of the security concept, which is the same score as Bitcoin.

Bitget, a major cryptocurrency exchange, has seen a surge in new accounts from Latin America following legal actions taken against Binance and Coinbase by US regulators.

Binance, the world's largest cryptocurrency exchange, has been under scrutiny due to lawsuits filed by the SEC.

Polygon Labs has responded to the SEC's allegations that MATIC is an unregistered security, stating that the token was developed and deployed outside the US and aimed at a global community.

Binance, a popular cryptocurrency exchange in Nigeria, has faced a tough week. The Nigerian Securities and Exchange Commission (SEC) has deemed the exchange illegal and directed Binance Nigeria Limited to immediately stop soliciting Nigerian investors. The SEC noted that Binance is neither registered nor regulated in the country, making its operations illegal. This comes just days after the U.S. Securities and Exchange Commission sued Binance, pressing 13 charges against the company, including accusations of unregistered offers and sales of securities. The ban follows recent regulatory developments within the local crypto ecosystem, including the introduction of a 10% tax on gains from digital assets.

Binance CEO Changpeng "CZ" Zhao has criticized the various narratives circulating on Twitter about the reasons for the recent sell-off in altcoins, warning against trusting "insiders" who claim to know the true reasons for the market downturn.

Nigeria's Securities and Exchange Commission (SEC) has declared Binance's operations in the country illegal and ordered the exchange to stop soliciting Nigerian investors.

The Securities and Exchange Commission of Nigeria has declared Binance's operations in the country to be "illegal" and ordered the exchange to cease its activities. The agency warned Nigerians against investing in crypto assets and related financial products due to the high risks involved.

The amount of ETH held on exchanges has reached a record low, while top non-exchange addresses have seen a significant increase in holdings. Despite market uncertainty, Ethereum whales have been increasing their holdings, with one whale withdrawing nearly 39,300 ETH from Binance over the past month. The withdrawals occurred after price drops, leading to speculation about whether the whale is accumulating ETH for a future bull market or due to eroding confidence in centralized entities. The majority of assets withdrawn from Binance.US were ETH, indicating that investors may be shifting funds to safer places.