Zhao Changpeng's guilty plea triggered a chain reaction, leading to the revocation of Binance.US licenses in six states in the United States

ChainCatcher news, according to Cointelegraph, the financial regulatory agency of Oregon has announced the revocation of Binance.US's money transmission license and has prohibited it from accepting fund transfers or holding fiat and cryptocurrency assets for customers in the state.

It is reported that this is the sixth U.S. state to take regulatory action against Binance.US since former CEO Zhao Changpeng pleaded guilty last November. Previously, states such as Florida, Alaska, North Carolina, Maine, and Connecticut had suspended or refused to renew Binance.US's operating license. Meanwhile, Binance.US has never obtained licenses in New York, Texas, Vermont, and Hawaii.