In a recent development, the US government has given the green light to the acquisition deal between Binance.US and Voyager, despite their initial opposition. This news comes as a beacon of hope for Voyager users who have been waiting to retrieve their funds from the bankrupt exchange.
The Voyager Official Committee of Unsecured Creditors (UCC) announced the resolution on Wednesday, April 19. They also stated that the acquisition plan would move forward soon. The UCC and Voyager are working closely with Binance.US to expedite the process once the stipulation is approved.
This acquisition deal is a significant milestone for both Binance.US and Voyager. Binance.US is one of the most prominent cryptocurrency exchanges in the world, and this acquisition will help them expand their reach in the US market. Voyager, on the other hand, is a commission-free cryptocurrency trading platform that has been gaining popularity in recent years.
The deal will also benefit Voyager users, who have been left stranded after the exchange filed for bankruptcy in 2019. The acquisition deal will allow Voyager to recover the funds and assets that were lost due to the bankruptcy.
The acquisition deal between Binance.US and Voyager is a testament to the growing interest in the cryptocurrency market. As more people invest in digital assets, exchanges are looking to expand their offerings and services.
The US government’s approval of the deal is significant as it shows their support for the growth of the cryptocurrency industry. The government’s stance on cryptocurrency has been a point of contention in the past, but this approval is a positive step forward.
Overall, the acquisition deal between Binance.US and Voyager is a positive development for the cryptocurrency industry. It will allow Voyager to recover the funds that were lost due to the bankruptcy, and it will also help Binance.US expand its reach in the US market. The government’s approval of the deal is a promising sign for the future of the cryptocurrency industry.
In conclusion, the acquisition deal between Binance.US and Voyager has been approved by the US government. This news has brought hope to Voyager users who have been waiting to retrieve their funds from the bankrupt exchange. The acquisition deal is a significant milestone for both Binance.US and Voyager and is a positive development for the cryptocurrency industry.
