CZ Refutes Claims: Binance Not Ending US Partnerships, Listings

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• Reports emerged that Binance Global intends to end partnerships with U.S.-based firms and terminate listing tokens linked to U.S.-based projects due to deep inspection from authorities.
• CZ, the CEO of Binance, has refuted the claims calling them as false.
• Binance Holdings will follow scripts of other companies who are escaping stiff market regulations, while Binance US will continue its services in the US.

Binance’s Plans for US Customers

Reports recently emerged that Binance Global intends to end partnerships with U.S.-based firms such as banks and terminate listing tokens linked to U.S- based projects due to increasing scrutiny from authorities.

CZ Refutes Claims

In response to these reports, Changpeng Zhao (CZ), the CEO of Binance, quickly refuted the claims terming them as “false”.

Binance Holders Make Moves

Following this news, Binance holders contemplated repealing relationships with major financial partners in the U.S., as Commodity Futures Trading Commission, Internal Revenue Service, Securities and Exchange Commission, Justice Department and the Internal Revenue Service have all been included on their radar for further inspection and investigation. Insiders noted that delisting tokens such as USD Coin is also on the table for review by company officials.

Binance US Services Remain Unaffected

Despite all of these changes being discussed for Binance Holdings, it was made clear that there would be no authority granted for any service provided towards U.S customers in this instance; however services through their smaller exchange site known as “Binance US” would remain unaffected and available throughout America regardless of these changes occurring within the parent company itself..

Nexo Inc Removes Products From US Market

To add further context onto this situation faced by many crypto- related companies in America right now; Nexo Inc declared intentions of removing its products from the same market back in December due to resistance and desist orders being received from various states across America; proving just how aggressive regulators can become when seeking out crypto- related companies at times like this one today when it comes to enforcing certain rules among them all .