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Crypto exchange Binance has destroyed roughly 1.3 million BNB as part of its quarterly token burn.
Liam Frost 2 min read 
Another financial regulator singles out the exchange by issuing a notice, warning Binance is not authorized to provide investment services and activities in Italy.
The exchange announced that it will be stopping its users from trading stock tokens on its platform effective immediately.
Binance comes under increasing pressure as another U.K bank stops payments to the exchange.
An international regulatory crackdown has Changpeng Zhao issue a letter on the matter.
David Schwartz calls for freedom of choice as the UK bank bans payments to the exchange.
Panic spreads over the assumption Binance is no longer available in the U.K.
Traders can soon bet on the movements of Bitcoin relative to other altcoins, but not in terms of price. Instead, the asset’s dominance takes center focus.
Chinese authorities arrested 1,100 individuals charged for using crime related profits to buy crypto.
