Voyager

Binance.US has decided not to proceed with its planned acquisition of Voyager Digital’s assets worth $1.3 billion due to a regulatory climate that is perceived as hostile and uncertain, reported Reuters.  In legal documents filed on Tuesday, Voyager’s attorneys stated that the company retains all rights regarding a $10 million deposit made by Binance.US in good […]

Binance.US continues to have a bumpy road in its efforts to acquire Voyager Digital. The cryptocurrency trading platform — which is a separate entity from Binance Holdings but like that organization is majority owned by Changpeng Zhao — has faced criticism from United States regulators and senators as it works to move forward on the […]

State and federal regulators want to prevent Binance.US from buying bankrupt crypto rival Voyager. Court filings Wednesday (Feb. 22) show both the Securities and Exchange Commission (SEC) and the New York Department of Financial Services (NYDFS) objecting to the $1 billion deal, saying it could be illegal. The filing follows last month’s limited objection by the SEC to the purchase and […]

Binance.US is facing regulatory hurdles amid its bid to acquire Voyager Digital’s assets. The U.S. Securities and Exchange Commission(SEC) has filed a limited objection to the move, and the Texas State Securities Board and the Texas Department of Banking have filed an objection, CoinDesk reported Wednesday (Jan. 4). In its filing, the SEC seeks more details on how Binance.US can consummate this size of […]

Binance’s $1 billion acquisition of bankrupt crypto lender Voyager Digital could be delayed or blocked by a US national security review, according to a Friday bankruptcy court filing. The crypto exchange’s US-based affiliate Binance.US intends to buy Voyager’s crypto lending platform with a bid that includes $20 million in cash and crypto assets that will […]