Binance.US has announced the beginning of phase 1 of its launch in the US. The customer registration and verification will begin on 18th September 2019, a week from now.
It will commence by accepting crypto deposits for BTC, ETH, XRP, BCH, LTC, and USDT. Binance also reaffirmed that soon they will be adding support for other cryptocurrencies.
Reportedly, Binance has established a Digital Asset Risk Assessment Framework which will assess the blockchain projects and the criteria for listing. In the US, due to a lack of regulatory certainty, the Exchanges have to choose which currencies to add very carefully.
Cryptocurrency Exchanges have delisted many cryptocurrencies in the past for its’ US users. Moreover, regulatory inclusion was the reason why Binance chose to open a separate wing for its operations in the US. In partnership with BAM trading services in San Fransico, Binance.US has licensed the pricing and wallet from Binance. Read More at Coingape...