$NOT Binance is currently facing significant regulatory challenges across multiple regions. In the United States, the Securities and Exchange Commission (SEC) has been actively pursuing legal actions against Binance.US, claiming the exchange has not been fully compliant with a previous consent order. This has led to the SEC seeking a temporary restraining order to freeze Binance.US's funds, a move the exchange argues could "effectively end" its business operations in the U.S. [[❞]](https://www.coindesk.com/policy/2024/03/05/binanceus-not-being-totally-forthcoming-sec-complains-in-new-filing/) [[❞]](https://www.coindesk.com/policy/2023/06/12/secs-temporary-restraining-order-would-effectively-end-binanceus-business-company-claims/).

In Australia, Binance has ceased all AUD trading pairs and suspended bank transfers for deposits and withdrawals due to regulatory actions. The exchange is currently seeking alternative payment providers to restore these services for Australian users [[❞]](https://cointelegraph.com/news/what-will-binance-australia-services-look-like-after-debanking).

Additionally, in Europe, Binance plans to delist stablecoins by June 2024 in response to the new Markets in Crypto Assets (MiCA) legislation. This law introduces strict regulations for stablecoins, and Binance has stated it will comply by removing these assets from its European platform [[❞]](https://www.cryptopolitan.com/binance-plans-european-stablecoin-delist/).

Overall, Binance is navigating a complex regulatory landscape, making adjustments to its operations to meet compliance requirements while continuing to offer its services globally [[❞]](https://techxplore.com/news/2024-04-binance-chief-stresses-importance-compliance.html).