DigitalMoneyBox Signal Desk
DigitalMoneyBox Crypto market intelligence
Browse sections
Cryptocurrency Cryptonews

U.S. Government Demands Halt to Voyager-Binance.US' $1 Billion Deal – Here's Why

Plans by Binance.US to acquire the assets of Voyager Digital, a collapsed cryptocurrency brokerage, have hit a snag following a demand by the US government to put the proposed deal on hold. According to court filings, bo...

38 /100
Market signal

Archive context

Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

U.S. Government Demands Halt to Voyager-Binance.US' $1 Billion Deal – Here's Why
Plans by Binance.US to acquire the assets of Voyager Digital, a collapsed cryptocurrency brokerage, have hit a snag following a demand by the US government to put the proposed deal on hold. 
According to court filings, both the Securities and Exchange Commission (SEC) and New York's financial regulator have raised objections to the $1 billion transaction, citing multiple concerns.
The SEC said the Voyager deal might violate laws on the unregistered offer and sale of securities. ...
Read More: U.S. Government Demands Halt to Voyager-Binance.US' $1 Billion Deal – Here's Why

Why this matters

This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cryptonews

Related market context