Bad News Voyager customers...........


Binance.US announced that it would be acquiring Voyager Digital, a publicly traded cryptocurrency brokerage. However, the deal has since been rejected by the Securities and Exchange Commission (SEC) due to regulatory concerns.

The SEC's decision to reject the acquisition has caused some controversy in the crypto community, with some arguing that it is a blow to innovation and others claiming that the regulatory body is simply doing its job to protect investors.

Binance, one of the largest and most influential cryptocurrency exchanges in the world, has made no secret of its ambition to expand its reach and influence in the industry. The acquisition of Voyager Digital, a well-established brokerage with a strong presence in the US market, would have been a significant step in this direction.

The SEC has cited several reasons for rejecting the deal, including the potential for market manipulation and the need to ensure investor protection. The commission has stated that it will continue to closely scrutinize any potential acquisitions or mergers in the crypto space, in order to ensure compliance with relevant regulations.

Despite the setback, Binance has stated that it will continue to pursue growth and expansion opportunities in the industry, and it remains to be seen how the company will respond to the SEC's decision.

#voyager #binance #shorts

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