{"id":17776,"date":"2023-02-17T18:41:11","date_gmt":"2023-02-17T18:41:11","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/reports-binance-will-delist-us-based-tokens-are-false\/"},"modified":"2023-02-17T18:41:11","modified_gmt":"2023-02-17T18:41:11","slug":"reports-binance-will-delist-us-based-tokens-are-false","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/reports-binance-will-delist-us-based-tokens-are-false\/","title":{"rendered":"Reports Binance will delist US-based tokens are &#8220;false&#8221;"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Bitcoin, Ethereum &amp; Crypto News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/1970\/01\/1676657153428-73a637d1-fee5-4f29-8020-2c70b27f15cc-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/1970\/01\/1676657153428-73a637d1-fee5-4f29-8020-2c70b27f15cc-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/1970\/01\/1676657153428-73a637d1-fee5-4f29-8020-2c70b27f15cc-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/1970\/01\/1676657153428-73a637d1-fee5-4f29-8020-2c70b27f15cc-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/>\n<\/picture>                    <\/div>\n<ul>\n<li dir=\"ltr\">The Binance CEO tweeted that the reports were false<\/li>\n<li dir=\"ltr\">However, he acknowledged the exchange had \u201cpulled back\u201d on some deals.<\/li>\n<li dir=\"ltr\">Binance has endured a lot of FUD over the past several months, particularly after the collapse of FTX.<\/li>\n<\/ul>\n<p dir=\"ltr\">Binance CEO Changpeng \u2018CZ\u2019 Zhao has denied reports that his exchange is looking to sever ties with US-based projects.<\/p>\n<p dir=\"ltr\">His comments followed an earlier report that cited familiar sources as saying <a href=\"https:\/\/coinjournal.net\/exchanges\/binance\/\">Binance<\/a> was planning to delist all US-based tokens. One of those to be delisted ostensibly being USD Coin (USDC), a stablecoin issued by US-based financial services firm Circle.<\/p>\n<p dir=\"ltr\">But in a <a href=\"https:\/\/twitter.com\/cz_binance\/status\/1626617772019965952\" rel=\"noopener noreferrer\" target=\"_blank\">tweeted<\/a> response to one of the reports, Zhao termed the report as \u201cfalse.\u201d He went on to suggest that this wouldn\u2019t be the case given \u201c<em>blockchain has no borders<\/em>.\u201d<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">4. False. <a href=\"https:\/\/t.co\/qjqLrx3TGF\">https:\/\/t.co\/qjqLrx3TGF<\/a><\/p>\n<p>\u2014 CZ \ud83d\udd36 Binance (@cz_binance) <a href=\"https:\/\/twitter.com\/cz_binance\/status\/1626617772019965952?ref_src=twsrc%5Etfw\">February 17, 2023<\/a><\/p>\n<\/blockquote>\n<p dir=\"ltr\">According to a Bloomberg report <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-02-17\/binance-holdings-explores-retreat-from-the-us-as-crypto-crackdown-escalates\" rel=\"noopener noreferrer\" target=\"_blank\">published<\/a> on Friday, sources claimed Binance was looking to end relationships with its partners in the US, including banks. The crypto giant was also reassessing its venture investments in the country, the report added.<\/p>\n<p dir=\"ltr\">While acknowledging that Binance had indeed pulled back from some investment deals and takeover of bankrupt companies, Zhao noted this was just \u2018for now.\u201d<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">We pulled back on some potential investments, or bids on bankrupt companies in the US for now. Seek permission first. <a href=\"https:\/\/t.co\/js0OR7gy68\">https:\/\/t.co\/js0OR7gy68<\/a><\/p>\n<p>\u2014 CZ \ud83d\udd36 Binance (@cz_binance) <a href=\"https:\/\/twitter.com\/cz_binance\/status\/1626620534963175442?ref_src=twsrc%5Etfw\">February 17, 2023<\/a><\/p>\n<\/blockquote>\n<p dir=\"ltr\">Zhao also linked to a previous <a href=\"https:\/\/twitter.com\/cz_binance\/status\/1626544454483025922\" rel=\"noopener noreferrer\" target=\"_blank\">tweet<\/a> in which he says it is better to focus on education, compliance and product &amp; service, and \u201cignore FUD, fake news, attacks, etc.\u201d It\u2019s notable that Binance has been subject to a lot of FUD over the past few months, with negative coverage heightening following the collapse of crypto exchange FTX.<\/p>\n<p dir=\"ltr\">Today\u2019s reports on Binance comes just days after the US Securities and Exchange Commission (SEC) said it was suing <a href=\"https:\/\/coinjournal.net\/news\/tag\/paxos\/\">Paxos<\/a>, the US-based issuer of the Binance USD (BUSD) stablecoin. The regulator has labelled BUSD as an \u201cunregistered security.\u201d\u00a0<\/p>\n<p dir=\"ltr\">That on top of the New York Department of Financial Services ordering Paxos to stop minting the stablecoin, a scenario that saw the company <a href=\"https:\/\/www.coinfi.com\/news\/1373316\/paxos-terminates-relationship-with-binance-as-it-halts-busd-issuance\">end<\/a> its relationship with Binance.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/><a href=\"https:\/\/coinjournal.net\/news\/cz-denies-reports-binance-plans-to-delist-us-based-tokens\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Bitcoin, Ethereum &amp; Crypto News ) The Binance CEO tweeted that the reports were false However, he acknowledged the exchange had \u201cpulled back\u201d on some deals. Binance has endured a lot of FUD over the past several months, particularly after the collapse of FTX. Binance CEO Changpeng \u2018CZ\u2019 Zhao [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":17777,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/17776"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=17776"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/17776\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/17777"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=17776"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=17776"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=17776"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}