ADVERTISEMENT

Binance US to go live in November, NYC out of reach

ADVERTISEMENT

Must Read

Bitcoin rises to $8,000 as Britain reaches a Brexit deal – Bitcoin News

Today marks a historic day as the European Union, and Britain reached a Brexit deal. Many experts and analysts...

BTC.com and Antpool co-discover the same block – Bitcoin Mining News

Bitcoin network initiated a rare event where two highly competitive pools co-discovered the same block. In the end, one...

Infamous Darknet website that sold credit cards gets hacked – Dark Web News

BrainsClub, a well known Darknet website, got a taste of its medicine as a hacker, stole the information from...
Vineet Chaudhary
Vineet Chaudhary
Vineet Chaudhary is a content writer with computer applications as his background field. His interests range from writing and photography to going out for trips and rides on weekends.

CEO of Binance, Changpeng Zhao made an announcement recently that Binance US might go live by November 2019, but unfortunately, it won’t be serving the citizens of New York in the initial stages.

The reason behind this inconvenience is that Binance US operator, BAM Trading Services still need a BitLicense that is issued by the New York State Department of Financial Services.

Binance planned to launch a fiat-to-crypto exchange in the U.S. before breaking the news that Binance.com won’t be available in the country. They also revealed the list of 30 tokens that will be available on the platform for people to trade-in.

Binance US also hired Catherine Coley as their CEO. Earlier she worked as the head of XRP institutional liquidity at Ripple. Till now, Binance has launched three international fiat-to-crypto exchanges. These are present in Uganda, Jersey, and Singapore.

Disclaimer: Coinnounce's views are not necessarily reflected in the articles published, and they are the sole representation of the author's opinions. Article's information should not be taken as investment advice. Risks are involved in cryptocurrency investments and trading. Readers are urged to carry out extensive research before making a decision.

Leave a reply

Please enter your comment!
Please enter your name here

Latest News

Bitcoin rises to $8,000 as Britain reaches a Brexit deal – Bitcoin News

Today marks a historic day as the European Union, and Britain reached a Brexit deal. Many experts and analysts...

More Articles Like This