Binance.US's acquisition of Voyager Digital assets may be subject to review by the Committee on Foreign Investment in the United States due to "security concerns."

2022-12-31 09:43:05
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ChainCatcher news, according to the latest disclosed regulatory documents, Binance.US's acquisition of Voyager Digital assets for $1.022 billion may be subject to review by the Committee on Foreign Investment in the United States (CFIUS) due to "security concerns." If the agency confirms that one or more transactions pose a "national security risk," a further risk assessment will be conducted.

The Committee on Foreign Investment in the United States stated that when foreign investors propose to acquire or merge control of a U.S. company, they must undergo its review to ensure that there are no national security issues. This process may take 30 days to a year, depending on the specific transaction. If there are risk concerns, CFIUS has the authority to block any transaction that is "harmful to U.S. interests." (source link)

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