Bullish or bearish? A wild 24 hours for crypto exchanges

Crypto exchanges had an interesting Monday — a day some say reaffirmed the US as an unfriendly environment for such companies while also offering a potential bullish outlook. 

People familiar with the matter said Binance is in talks with US regulators to settle criminal charges and related investigations. 

The Department of Justice was set to announce “significant cryptocurrency enforcement actions” on Tuesday afternoon — with sources telling Bloomberg a Binance settlement would be revealed. 

Bittrex Global said in a Monday X post it was winding down its global operations just months after closing its US arm amid “regulatory uncertainty.”

Toward the end of the day, the…

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