Binance’s US Subsidiary Is Weighing 30 Different Cryptos For Listing

Binance’s US Subsidiary Is Weighing 30 Different Cryptos For Listing
Abstract

Binance, the largest currency exchange trader in terms of volume, has announced it plans to evaluate the new digital currency to add to its US currency.

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Binance, the largest currency exchange trader in terms of volume, has announced it plans to evaluate the new digital currency to add to its US currency.


According to the coindesk , according to a post posted yesterday by Binance US on Medium's website, the company has issued “Asset Risk Assessment Frameworks for Legal Requirements in the United States. Digital ”.

The move comes as a Malta currency exchange since June, just a day after it began working with BAM Trading to enter the US market, cut off access to its core services by US citizens.

The company wrote in a post in this regard:

US Binance is working to create an efficient and secure marketplace for a wide range of top digital assets so that our users can access projects that are of real value in a free and affordable environment.


In the end, Binance also announced that it is considering adding 5 new digital assets to the US platform. The list also includes top currencies in terms of market volumes such as Bitcoin, Ethereum and Lightweight, in addition to Token BNB.

Baines had previously announced that BAM Trading Service, which operates on its wallet and adaptive motor technologies, will operate the US Baines platform.

Implementing regulatory compliance and enhancing security measures are among the goals of the US Binance Platform, so the company will use its anti-money laundering and customer recognition (KYC) mechanisms to work with companies such as China Alice (IDC) and IDC. "(IdentityMind), is on its agenda.

In July, Binance expanded its ecosystem by launching and opening an exchange in Singapore. Business has not yet announced the official launch date of its US subsidiary


 

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