• Kaiko has observed a pattern in the clampdown on US-based crypto exchanges.
• If Kaiko’s observed pattern is upheld, Gemini will be the next target.
• The bid and ask depth on Binance.US have fallen over 70% since June 6.

Data analysis platform Kaiko has observed a pattern in the clampdown on US-based crypto exchanges. Kaiko’s observation suggests regulators in the US target flourishing crypto exchanges.

In a tweet, Kaiko indicated that the Securities and Exchange Commission (SEC) first charged Bittrex Exchange over regulatory issues. At the time of the charge, Bittrex had the highest number of instruments listed on its exchange.

After Bittrex, Kaiko noted that the SEC charged Coinbase, which ranks second in the number of listed instruments. The SEC has recently sued Binance for allegedly violating regulatory protocols. Binance …

The post Pattern Emerges Over the SEC’s Crypto Exchange Clampdown appeared first on Coin Edition.

• Kaiko has observed a pattern in the clampdown on US-based crypto exchanges.
• If Kaiko’s observed pattern is upheld, Gemini will be the next target.
• The bid and ask depth on Binance.US have fallen over 70% since June 6.

Data analysis platform Kaiko has observed a pattern in the clampdown on US-based crypto exchanges. Kaiko’s observation suggests regulators in the US target flourishing crypto exchanges.

In a tweet, Kaiko indicated that the Securities and Exchange Commission (SEC) first charged Bittrex Exchange over regulatory issues. At the time of the charge, Bittrex had the highest number of instruments listed on its exchange.

After Bittrex, Kaiko noted that the SEC charged Coinbase, which ranks second in the number of listed instruments. The SEC has recently sued Binance for allegedly violating regulatory protocols. Binance …

The post Pattern Emerges Over the SEC’s Crypto Exchange Clampdown appeared first on Coin Edition.