Binance.US, the American arm of the world's biggest cryptocurrency exchange, has achieved a new all-time high (ATH) in trading volume. This is in spite of the recent pressure put on the larger entity by the United States Commodity Futures Trading Commission (CFTC). Binance.US CEO Changpeng Zhao (also known as CZ) took to Twitter to share that the platform had achieved 41% of the trading volume of the largest crypto exchange firm in the United States, Coinbase.

The recorded growth metrics are impressive, considering CZ had to refute a CFTC probe which alleged that Binance had self-traded with 300 accounts on its platform, thus facilitating crimes and prompting many to recommend withdrawing funds from the exchange. $2 billion in outflow was recorded, however the platform has restored its activity and pushed its U.S. arm to produce new records.

The U.S. subsidiary's progress is an example of resilience, especially given the distress it has been under. A current pursuit to acquire Voyager Digital was delayed due to a federal judge granting the Securities and Exchange Commission (SEC) a temporary hold. Nevertheless, the members of the trading platform remain focused on the exchange's growth and have not been disturbed by the setback.

CoinMarketCap, a crypto analytic service provider wholly-owned by Binance, provides data for the main trading platform. This shows the firm is making use of all its resources to ensure its American arm is a success, even amidst the drama and scrutiny that has been surrounding its parent company.

Overall, it is clear that despite external situations, Binance. US is determined to continue its impressive growth trajectory. The ATH in trading volume experienced by the exchange is a testament to its resilience in the wake of adversity, and could be the start of many more successes to come.



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