It has also established its presence in over 46 States, including Puerto Rico. The exchange offers over 120 cryptos that investors can trade. Earlier this year, the exchange secured the same permit in West Virginia, Connecticut, Wyoming, Rhode Island, Idaho, and Puerto Rico.
#Binance usa license#
Nevada is now the 17th jurisdiction where the exchange obtained a Money Transmitter license in 2022. He further appreciated the Nevada Department of Business and Industry for investing their time and trust in the exchange. In addition, Shroder stated the recently secured license is evidence of its ongoing compliance efforts.
He also stated the exchange would ensure its platform is safe and transparent while providing security for customers’ assets. This development is coming under the leadership of the newly appointed CEO of the exchange, Brian Shroder.Īccording to Shroder, Binance will continuously take steps that conform to its operation across the United States. The Nevada Department of Business and Industry, Financial Institutions Division issued the license.Īs one of its crypto expansion plans, the exchange aims to make provisions for regulated payment services across the fifty states and territories in America.
The protocol confirmed the development in a press release on its official handle. Join Our Telegram channel to stay up to date on breaking news coverageīinance US, the United States Subsidiary of one of the most popular crypto exchanges, has secured its money transmitter license in Nevada.
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