Commodity Futures Trading Commiss
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Crypto exchange spokesperson on federal agency lawsuit: 'The best path forward is to protect our users and to collaborate with regulators to develop a clear, thoughtful regulatory regime'
On March 27, the Commodity Futures Trading Commission (CFTC) announced a lawsuit against Binance, the world's largest cryptocurrency exchange, and Changpeng Zhao (CZ), the Canadian CEO and founder of the exchange, for allegedly allowing people in the U.S. to illegally trade derivatives on its platform.