A close look at Binance.US and the potential legal and market challenges it might face
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Quick Take
- Binance.US will open trading of seven cryptocurrencies on Tuesday, and The Block took a close look at the potential challenges the exchange might face in the U.S.
- The San Francisco-based cryptocurrency exchange operates independently from Binance with a separate order book and insurance fund
- The firm also partners with Prime Trust as its trust company to onboard users and transfer assets
The long-awaited Binance.US is finally launching. The San Francisco-based cryptocurrency exchange will open trading of seven cryptocurrencies on Tuesday, including the platform’s native token BNB. At launch, it also will start accepting deposits for five additional assets – Cardano, Basic Attention Token, Ethereum Classic, Stellar, and 0x. Although receiving ample media attention due to its […]
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