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Freelance business consulting for bloggers ✌️【Value Investing】✌️Get high returns with just ₹500. Invest today and see your wealth grow!Bitcoin (BTC) trading volumes on Binance have tumbled this month as lawsuits and regulatory scrutiny mount on the world’s largest crypto exchange.According to K33 Research, Binance’s 7-day average spot BTC volume is down 57% since the beginning of September versus roughly flat readings at a number of other exchanges.

Volumes at U.S.-based competitor Coinbase are higher by 9% over this period.The dramatic decline comes as Binance is in the crosshairs of regulators around the world following a string oflawsuits,license rejections and voluntary withdrawals.

Prosecutors at the U.S.

Department of Justice (DOJ) are reportedlyweighing chargesagainst the company, while the Securities and Exchange Commission (SEC)three months ago suedBinance, the exchange’s U.S entity Binance.US and founder Changpeng “CZ” Zhao, alleging multiple federal securities laws.Freelance business consulting for bloggers Earn More: Smart Wealth Management for Higher Returns