The venture-backed startup’s founders saw “limited commercial upside.”
The decision comes only weeks after Binance has been grappling with multiple legal challenges in the U.S.
Russian users of Binance were able to move money abroad through the service, which could present legal challenges for the exchange.
Market participants were looking to Friday morning's speech to gauge the future direction of the U.S. central bank's monetary policy.
Brett Harrison’s new firm, Architect, aims to be an one-stop platform for institutional-grade crypto trading.
"CoinDesk Daily" host Jennifer Sanasie breaks down the hottest stories in crypto today, including attorneys for Sam Bankman-Fried wanting to secure the FTX founder a "temporary release."