Binance Founders Refute Rumours of Potential Crypto Exchange Sale

[ad_1]

Binance CEO Changpeng Zhao and co-founder He Yi have dismissed rumors suggesting the world’s largest cryptocurrency exchange is up for sale. Both executives have publicly refuted the claims, asserting Binance is not seeking a buyer.

The origin of the speculation remains unclear, but Zhao believes a competitor in Asia is responsible for spreading the misinformation. Zhao initially addressed the rumors on X (formerly Twitter), firmly denying any intention to sell the company. The denial comes amidst Binance’s continued position as the leading crypto exchange, based on trading volume.

[ad_2]

Source link