Binance CEO Refutes USDC Delisting Claims Amid SEC’s Regulatory Actions

Binance CEO Refutes USDC Delisting Claims Amid SEC’s Regulatory Actions

Bitcoin Price Prediction for 2023

• During the US trading session, there is a bullish outlook for Bitcoin’s price prediction as BTC has rebounded from the support level of $23,300.
• Binance is reportedly thinking about breaking ties with its US business partners due to recent regulatory crackdowns by the SEC.
• Binance CEO Changpeng Zhao (CZ) took to Twitter to deny claims that Binance was delisting tokens from any firms based in the United States.

Bullish Outlook for Bitcoin

Bitcoin’s price has been on a rollercoaster ride over the past few days, with significant price surges followed by steep drops. During the US trading session, there is a bullish outlook for Bitcoin’s price prediction as BTC has rebounded from the support level of $23,300.

Regulatory Pressure Mounting

The Securities Exchange Commission (SEC) recently launched a regulatory crackdown on crypto exchanges and firms operating in the United States. This led Binance to re-evaluate its investments in the country and consider changes to their business models in order to remain compliant with US regulations.

CZ Denies Claims

In response to these allegations, Binance’s CEO Changpeng Zhao (CZ) took to Twitter to deny claims that Binance was delisting tokens from any firms based in the United States: “False.”

Conclusion

Overall, it looks like Bitcoin will continue its bullish trend throughout 2023 despite some regulatory pressure from the SEC. While some crypto firms are facing difficulties due to increased regulation, major exchanges like Binance continue doing business in spite of it all.