<p><img src="https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror=redirect,quality=90,width=840/https://s3.cointelegraph.com/uploads/2023-06/01ce5dd1-6d58-4d23-b410-9415c6c68058.jpg"></p><p>According to the regulator, Binance failed to register as a securities exchange and operated illegally in the United States.</p>