![]() ![]() residents, citing regulatory uncertainty. ![]() And in May, another leading exchange, Poloniex, stopped offering nine cryptocurrencies to U.S. Before today’s announcement, Binance banned residents of New York, Connecticut, Hawaii, George, New Mexico, and Washington state. That will give Binance a strong lead in an increasingly difficult-to-serve market. “Binance.US will be led by our local partner BAM and will serve the U.S. “We are excited to finally launch Binance.US and bring the security, speed, and liquidity of to North America,” Binance CEO Changpeng “CZ” Zhao said in the release. Treasury’s Financial Crimes Enforcement Network (FinCEN).īAM will do business as Binance.US, according to FinCEN, which granted the company registration No. The BAM announcement came two days after San Francisco-based BAM was approved by the U.S. On June 13, Binance announced the creation of an American cryptocurrency exchange,, in partnership with BAM Trading Services Inc. After that they will have access to funds and wallets, but will not be allowed to trade. person.”Īccording to a statement issued alongside the terms of use update, U.S.-based “Binancians” will be able to use the platform normally until September 12, 2019. In an update to its terms of service made on June 14, the world’s largest trading platform by volume added, “Binance is unable to provide services to any U.S. traders, leading cryptocurrency exchange Binance banned them from its main platform. A day after announcing that it intends to launch a trading service for U.S.
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