China is Binance's biggest market despite its ban on cryptocurrency trading, report says

• Binance is looking to new markets following an SEC lawsuit in June.
• Tokens worth $90 billion were traded on Binance in China in May, The Wall Street Journal reported.
• China is Binance's largest market, with almost 1m active users, despite cryptos being illegal.

Binance found itself all but shut out of the US after the Securities and Exchange Commission filed a lawsuit against the cryptocurrency exchange in June.