Fresh allegations that the largest cryptocurrency alternate on the earth is on the market were rejected through Binance officers. Rumors circulating on social media concerning the alternate beneath negotiations for acquisition abound, on the other hand the corporate’s management has refuted those claims.
所以，搞了半天是币安要卖掉了？🤣@cz_binance @heyibinance 真假？ %.twitter.com/BB6RfPk9bv
— Cloak M (@CloakMK) February 17, 2025
Management Rejects Sale Allegations
Former CEO and co-founder of Binance, Changpeng Zhao (CZ), explicitly addressed the rumors without delay, making it transparent that the alternate isn’t on the market. His remark adopted claims that interior reorganization and executive force had been using the corporate towards a sale.
4. Some lowly self-perceived competitor in Asia fudding about Binance (CEX) on the market.😂
As a shareholder, Binance isn’t on the market.
Best traders have all the time been keen on Binance. Over the years, we might permit some investments within the single-digit share vary.🤷♂️
— CZ 🔶 BNB (@cz_binance) February 17, 2025
Zhao rejected the rumors in a social media publish, labeling them as false and stressing that the crypto alternate continues to be devoted to practice its growth plan. Co-founder, He Yi, additionally refuted the allegations (in a tweet loosely translated from Chinese language), reinforcing that the alternate has no plans for a sale. The chief additionally mentioned that such assertions may well be efforts through opponents seeking to discredit the group.
所以友商的危机公关策略就是批量买稿造币安的谣转移注意力？👎
自比特币价格突破新高，交易平台作为生态验证成立的商业模型，按照投资的头部原则，每个月都会有机构来问币安是否接受投资和合作，我们不排除引入战略合作伙伴，也开放并购，如果有其他交易平台有出售计划欢迎联系。— Yi He (@heyibinance) February 17, 2025
Corporate Eyes Strategic Partnerships As a substitute
Binance remains open to creating strategic alliances although it’s not promoting. Thru those partnerships, the corporate might be able to toughen its regulatory compliance gadget, build up its world profile, and amplify its product line. Already securing licenses in additional than 21 international locations, the corporate displays its willpower to stay a vital presence within the crypto marketplace.
BNBUSD buying and selling at $651 at the 24-hour chart: TradingView.com
Taking up in November 2023, CEO Richard Teng has eager about expanding compliance and openness. The alternate’s person base beneath his path has grown from 170 million to 240 million. The corporate’s force for compliance is perceived as a reaction to rising regulatory inquiry.
Regulatory Demanding situations Persist
The crypto alternate nonetheless has to barter criminal hindrances, particularly in the US. A US federal pass judgement on just lately paused the Securities and Change Fee lawsuit in opposition to the company for 60 days.
This postponement we could the brand new SEC process power specializing in cryptocurrencies to study its place at the subject.
Marketplace Reaction To The Information
Although the sale speculations stuck the eye of the bigger cryptocurrency marketplace, Binance Coin (BNB) held stable. BNB had dropped through about 0.04% in worth to business at $651 on the time of writing. The intraday low was once $645, and the intraday top was once $681.
Featured symbol from Gemini Imagen, chart from TradingView