As of February 12, 2025, Binance has addressed recent rumors regarding the sale of its assets. The company clarified that it is not selling assets; instead, the observed changes in its holdings are due to internal treasury accounting adjustments. Binance emphasized that user funds remain secure and are protected under their Secure Asset Fund for Users (SAFU).

This clarification came after reports indicated significant reductions in Binance's holdings of major cryptocurrencies like Bitcoin and Ethereum. Analysts noted that these assets were primarily converted into USD Coin (USDC), with Binance Coin (BNB) experiencing a smaller reduction.

It's important to note that these adjustments pertain to Binance's internal treasury and do not involve user assets. The company has reiterated that user funds are safe and unaffected by these internal processes.

In a separate development, in September 2023, Binance announced its exit from the Russian market by selling its operations in the country to CommEX, a newly launched exchange. This move was part of Binance's broader strategy to navigate regulatory challenges and align with global compliance standards.