Binance

The scrutiny that US regulators are imposing on cryptocurrency companies seems to be becoming a trend. Kraken is the latest company to run into trouble. The exchange had to pay a $1.25 fine for alleged illegal activity.

Many cryptocurrency exchanges have had problems with financial regulators in different countries. Some of them have had to shut down or move their operations to other countries. Others have been forced to look for ways to deal with supervisors and improve compliance.

Binance Coin (BNB) price has risen and reached a high of $386.50. It rose from the previous low of $332.50. Today, the uptrend is facing resistance from the recent high.