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Binance’s native token falls sharply as regulatory concerns mount
Binance's native cryptocurrency token, Binance Coin (BNB), has seen a sharp decline in value as regulatory concerns continue to mount around the cryptocurrency exchange. Binance has faced increased scrutiny from regulators in multiple countries, with some jurisdictions even taking steps to ban the exchange entirely. This has led to fears that Binance's future prospects may be negatively impacted, resulting in a sell-off of BNB by investors. Despite the recent drop in value, BNB remains one of the most popular cryptocurrencies in the market. Source: Investing.com
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