Binance.US Raises $100m at $1bn Valuation
Key Summary
Binance.US is seeking a $100 million fundraising round at a valuation of $1 billion, amid ongoing US regulatory uncertainty and a stalled CLARITY Act in Congress. The move comes as the SEC and CFTC pursue crypto rules under their existing powers. Regulatory action may not fully replace White House coordination in shaping US crypto policy.
Binance.US Raises $100M at $1 Billion Valuation Amid US Regulatory Uncertainty
Crypto firm Binance.US is reportedly pursuing a fundraising round to raise $100 million at a valuation of $1 billion, according to a Reuters report. The move comes amid ongoing US regulatory uncertainty and a stalled CLARITY Act in Congress.
The SEC and CFTC are pursuing crypto rules under their existing powers, which may not fully replace White House coordination in shaping US crypto policy. Regulatory action may not fully replace White House coordination in shaping US crypto policy.
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A photograph of a person holding a tablet with the Binance.US logo on the screen, with a blurred background of a regulatory environment in the foreground.