Crypto.com ceases institutional services in the U.S. amid regulatory pressure
A Singapore-based crypto exchange, Crypto.com, has declared that as of June 21, it will no longer provide its services to institutional clients in the U.S. The U.S. Securities and Exchange Commission (SEC), which recently filed litigation against significant exchanges Binance and Coinbase, had enhanced regulatory scrutiny at the time of this ruling. Retail investors can…