CFIUS Evaluations Binance’s Acquisition of Voyager Digital Property
- CFIUS introduced that the committee would evaluation Binance’s acquisition of the belongings of the troubled crypto platform Voyager Digital.
- Binance US supposed to purchase the belongings of Voyager Digital with a bid of $20 million in money.
- The Committee has the authority to delay or block the proposal if the transaction poses threats to nationwide safety.
In response to the US chapter court docket submitting issued on Friday, the Committee on Overseas Funding in the US (CFIUS) would evaluation Binance’s $1 billion acquisition of the bankrupt crypto lender Voyager Digital. Following the evaluation, the acquisition may very well be delayed or blocked by CFIUS whereas analyzing the probabilities of nationwide safety dangers related to transactions.
On December 19, the US department of the cryptocurrency buying and selling platform Binance, Binance US introduced its choice to amass the belongings of the troubled crypto agency Voyager Digital. Later, the corporate shared the constructive response of Voyager Digital, coming into into an settlement for Binance.US to amass its belongings”.
Catherin Coley, the CEO of US Binance informed that the corporate’s transfer would permit the …
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