Binance has joined the Chamber of Digital Commerce, which is a lobbying organization for the cryptocurrency market in the United States, according to a press release that was issued by the exchange on December 20.
After receiving feedback that it was allegedly functioning in an unregulated manner, Binance ultimately decided to make this choice.
Following the demise of the exchange’s primary rival, FTX, the exchange has been the target of an increasing amount of criticism from its adversaries.