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The CFTC Sues Binance, but Is It Regulatory Turf War?

The Breakdown

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Binance's Lawsuit Against the SEC and the CFTC

Join CoinDesk consensus 2023, the most important conversation in crypto and web three happening April 26 through 28 in Austin, Texas. The CFTC is asking for a total ban on finance being involved with derivatives and spot crypto market activity in the US as well as a ban on seeking registration in the future. In many ways, this would be a death sentence for finance along the lines of the agreement that FTX execs who were facing criminal charges struck with regulators.

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