Binance CEO Denies Report of Potential Delisting of US-Based Cryptocurrency

Responding to coverage of a recent Bloomberg report, Binance CEO Changpeng Zhao has denied the potential delisting of US-based cryptocurrency. Binance chief Changpeng Zhao (aka CZ) has shut down rumours that the global exchange is mulling severing ties with United States crypto projects owing to increased scrutiny from a host of regulatory challenges.

The initial report stated that the exchange was considering ending its relationship with US businesses due to increased regulatory pressure. Binance CEO Changpeng Zhao has spoken out regarding news reports that the company will cut ties with U.S. crypto projects.

Binance CEO Changpeng ‘CZ’ Zhao has denied reports that his exchange is looking to sever ties with US-based projects. His comments followed an earlier report that Binance CEO Changpeng ‘CZ’ Zhao categorized as false a Bloomberg report suggesting that Binance is considering delisting certain U.S.-based tokens like the stablecoin. In a tweet Friday, Zhaobetter known as 'CZ', addressed the concerns directly.

Changpeng Zhao (CZ), the CEO of Binance Exchange has responded to reports making the rounds that the leading cryptocurrency trading platform plans to sever ties with US-based cryptocurrency projects. CZ's swift response aims to quell speculation and reassure users about Binance's commitment to the US market.