April 26 (Cointime) - Cryptocurrency exchange Binance.US cites the hostile and uncertain regulatory climate in the United States as the main reason to terminate the asset purchase agreement with bankrupt crypto lender Voyager.

"While our hope throughout this process was to help Voyager's customers access their crypto in kind, the hostile and uncertain regulatory climate in the United States has introduced an unpredictable operating environment impacting the entire American business community. " Binance.US wrote in a tweet.

Voyager assured customers that their Chapter 11 bankruptcy plan will continue to allow for the direct distribution of cash and cryptocurrency to customers through the Voyager platform. Voyager reportedly has approximately $1.04 billion in assets available for liquidation.