Binance United States to Go Live in November | BTCMANAGER
Bitcoin, Blockchain & Cryptocurrency News
Changpeng Zhao (CZ), CEO of Binance cryptocurrency exchange has revealed that Binance U.S., a regulated bitcoin and altcoins trading venue specially tailored to customers in the United States, will go live before the end of November 2019, reports Cheddar on August 15, 2019.
Changpeng Zhao Reveals Binance U.S. Launch Date
Per sources close to the matter, Changpeng Zhao (CZ) has revealed that the Binance team is working hard to smoothen all the rough edges in Binance U.S. and if all goes as planned, the platform could be available to U.S. customers in a month or two from now.
In June 2019, Binance announced its partnership with BAM Trading Services Inc., as part of preparations to launch a regulated cryptocurrency exchange in the United States.
Thanks to that forward-thinking maneuver, Binance has now hinted that its local partner, BAM Trading Services is working round the clock to ensure the proposed exchange works in line with the guidelines of financial regulators in the region.
Importantly, CZ has also made it clear that Binance’s U.S. division will not be available in New York state initially, as neither it nor BAM Trading Services have secured a BitLicense from the New York State Department of Financial Services (NYDFS).
It’s worthy of note that earlier in June 2019, Binance announced via a blog post that it will stop serving U.S. customers on Binance.com,