In the U.S., Binance has been the subject of an investigation by the Commodity Futures Trading Commission, which is probing whether the platform allowed users to trade derivatives, Bloomberg reported in March, citing sources familiar with the matter. The CFTC investigation is directed at Binance, even though Americans must use Binance.US instead. And in May, the Department of Justice and Internal Revenue Service commenced money laundering investigations related to the company.
As Bitfury is building new mining centers around the world and is preparing for a funding round, the top will be remodeled. The company achieved a $ 1 billion valuation in the 2018 funding round, which could exceed this time. Equivalent sizes and sizes, Peers Genesis and Core Scientific, were recently valued at $ 3.5 billion and $ 4.3 billion, respectively.

Unlike traditional payment processors, such as PayPal and credit cards, most cryptocurrencies have no built-in refund or chargeback functions, although some newer cryptocurrencies have rudimentary refund features.
Facebook’s closely guarded Libra project could be the first true cryptocurrency alternative to fiat currencies, although its growing pains suggest that true parity remains well in the future.