(Reuters) – Cryptocurrency exchange giant Binance is considering ending relationships with U.S. business partners, Bloomberg News reported on Friday, citing a person familiar with the matter.
The company is weighing the retreat after its relationships with a key banking partner and stablecoin issuer ran into trouble amid intense scrutiny from authorities, the report said.
Binance did not immediately respond to a Reuters request for comment.
(Reporting by Jaiveer Singh Shekhawat and Niket Nishant in Bengaluru; Editing by Shailesh Kuber)
