Binance.US Licensed in Nevada
- August 19, 2022
- 0
The American division of the Binance bitcoin exchange has obtained a money transfer provider license from the Nevada Department of Business and Industry (USA). We have officially received
The American division of the Binance bitcoin exchange has obtained a money transfer provider license from the Nevada Department of Business and Industry (USA). We have officially received
The American division of the Binance bitcoin exchange has obtained a money transfer provider license from the Nevada Department of Business and Industry (USA).
We have officially received our Money Sender License. #Nevada!
125+ buy and sell #cryptocurrencies low cost and free #bitcoins trading in certain pairs. Up to 15% stake with APYs #BinanceUS.
Learn more: https://t.co/O2zbhqkVrh pic.twitter.com/4rMcr5oxxK
— Binance.US 🇺🇸 (@BinanceUS) 18 August 2022
“We continue to take steps to ensure compliance, security of customer assets, and transparency of our platform across the United States,” said CEO Brian Schroeder.
According to a press release, Nevada is the seventh US jurisdiction to approve Binance.US in 2022. Officials in the states of West Virginia, Connecticut, Wyoming, Rhode Island, Idaho and Puerto Rico have made a similar decision before.
The company added that they will continue to expand its support service and introduce new products.
Recall that in April, the American branch raised $200 million during the seed round with a preliminary estimate of $4.5 billion.
Media outlets later reported that Binance.US plans to raise another $50 million.
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