According to Bloomberg, Binance, which is facing more pressure from US regulators recently, is considering ending relationships with US business partners, including delisting tokens from US-based projects. But CZ denied the report, saying, "false."
Bloomberg said the exchange is reassessing its investments in the US and considering delisting tokens from US-based projects, including $USDC. In response, CZ said, "We pulled back on some potential investments, or bids on bankrupt companies in the US for now. Seek permission first."
Previously, Binance's stablecoin partner Paxos was ordered by the New York Department of Financial Services to stop issuing $BUSD. In addition, Binance's banking partner Signature Bank announced it would no longer support any of its crypto exchange customers with buying and selling amounts of less than $100,000 starting from this month.
Bloomberg also said that Binance US has no plan to exit the country.
Binance
Policy and Regulation
Circle
CZ
