Binance.US says it has made the “difficult decision” to terminate the $1.022 billion deal, which was initially announced at the end of last year, citing “the hostile and uncertain regulatory climate” in the US as its reason for pulling out, claiming the country has introduced an “unpredictable operating environment impacting the entire American business community”.
Voyager Digital, which filed for bankruptcy protection last year, reached an agreement with the Voyager Official Committee of Unsecured Creditors and the US government on 19 April for the purchase to go through, Cointelegraph reports.
