Why Is Cryptocurrency Exchange Binance Facing Intense Scrutiny Around The World?

Binance, the world's leading cryptocurrency exchange, has suspended futures and derivatives products offerings across Europe, starting with Germany, Italy, and the Netherlands. Announcing the move, it said it was “taking proactive steps” towards harmonising crypto regulations. The move meant Binance users from these countries were prohibited from opening new futures or derivatives products accounts. But why exactly it took such a dra...