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Ethereum World News
2023-02-17 16:43:35

Binance Mulls Shuttering Relationship With US-Based Businesses

Binance Mulls Shuttering Relationship With US-Based Businesses

Summary: Binance Holding Ltd is reassessing its position in the U.S. and could cut ties with its partner firms in the jurisdiction amid mounting regulatory pressure, Bloomberg reported. The news comes a few days after Paxos, the issuer of BUSD, was served a Wells notice and ordered to stop minting new BUSD tokens. Friday’s report noted that Binance US does not plan to exit the country yet. Binance Holding Ltd is reassessing its position in the U.S. and could cut

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