Binance, the world's biggest exchange by trading volume, dismisses rumors of a potential sale.
Co-founder Yi He labels the rumors as baseless and spread by rival exchanges to undermine Binance's reputation.
While Binance denies plans for a sale, the company remains open to strategic partnerships, mergers, and acquisitions.
Despite its ongoing success, Binance faces challenges, including investigations by a Spanish court and accusations of tax fraud and money laundering by French authorities.