Published 1 year ago

Binance pulls back on potential U.S. investments -CEO

Summary by Ground News

Binance CEO Changpeng Zhao says the company has pulled back on some potential investments in the United States. The move follows a Bloomberg News report that said the leading crypto exchange was considering ending relationships with US business partners. Binance is also reassessing US venture capital investments and will consider delisting tokens from any US-based projects, the report said.

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Times of India

Binance considers pulling back from US partners: report

The company is weighing the retreat after its relationships with a key banking partner and stablecoin issuer ran into trouble amid intense scrutiny from authorities, the report said.

1 year ago·India

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Reuters

Binance pulls back on potential U.S. investments -CEO

1 year ago·United Kingdom

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Channel News Asia

Binance considers pulling back from US partners: Report

Cryptocurrency exchange giant Binance is considering ending relationships with US business partners, Bloomberg News reported on Friday (Feb 17), citing a person familiar with the matter. The company is weighing the retreat after its relationships with a key banking partner and stablecoin issuer ran into tr

1 year ago·Singapore

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Financial Post

Binance pulls back on potential U.S. investments -CEO

1 year ago·Canada

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Al Jazeera

Crypto exchange Binance pulls back on some US investments

Binance is considering ending business relationships with banks and services firms amid heightened scrutiny.

1 year ago·Qatar

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NDTV Gadgets 360

Binance Pulls Back on Potential Investments in the US, Confirms CEO Zhao

Binance has pulled back on some potential investments in the United States, its CEO Changpeng Zhao said on Friday, following a Bloomberg report that the major crypto exchange was considering ending relationships with US business partners."We pulled back on some potential investments, or bids on bankrupt companies in the US for now. Seek permission first," Zhao wrote in a tweet, without elaborating.The Bloomberg report, which cited an unnamed per…

1 year ago

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