Binance rejected Justin Sun’s offer to buy his stake in Huobi

The largest cryptocurrency exchange Binance will not acquire the share of Tron founder Justin Sun in the company Huobi.
Changpeng Zhao’s team made the decision because of rumors that the Huobi platform has ties to mainland China. Binance, on the other hand, wants nothing to do with China, CoinDesk reported, citing its source.
In March, Justin Sun told reporters that Huobi plans to obtain a license in Hong Kong and launch a trading platform Huobi Hong Kong in its jurisdiction.

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