Binance Explores Retreat From US as Crypto Crackdown Escalates - Bloomberg

February 17, 2023 10:40 AM EST
(Updated - February 17, 2023 10:45 AM EST)

Binance is considering ending relationships with US partners as regulators turn up the heat, according to a report from Bloomberg, citing people familiar with the matter.

It is looking into severing ties with intermediary firms such as banks and service firms and reassessing venture capital investments.

It will consider de-listing tokens from any US-based projects, including Circle's stablecoin USD Coin.



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