Announced
Financials
Tags
Friendly
Single Bidder
Majority
Private
Acquisition
cryptocurrencies
Domestic
Payments / Commerce
Restructuring
United States
Failed
Synopsis
Binance, a cryptocurrency exchange which is the largest exchange in the world in terms of daily trading volume of cryptocurrencies, terminated the acquisition a $1bn acquisition of the crypto assets and customer deposits of Voyager Digital, a cryptocurrency brokerage. "The hostile and uncertain regulatory climate in the United States has introduced an unpredictable operating environment impacting the entire American business community. We are focused on creating a safe platform where our customers can participate in the digital asset economy," Binance.
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