Binance, one of the world’s largest cryptocurrency exchanges by trading volume, has been a vocal opponent of New York’s BitLicense. The company has even gone so far as to stop serving New York customers entirely.
But that may soon change.
In a recent interview with The Block, Binance CEO Changpeng Zhao said that the exchange is “open to talking” with New York regulators about getting a license to operate in the state.
NOTE: It is important to note that the use of Binance in New York is not allowed due to regulatory restrictions. The use of Binance in New York could lead to legal action taken against users and could result in fines or other penalties. Therefore, it is strongly recommended that individuals in New York refrain from using the Binance platform.
This is a major shift in tone for Binance, which has been highly critical of the BitLicense. In the past, Zhao has called the license “anti-competitive” and said it creates an “uneven playing field” for exchanges.
But it appears that Binance is now willing to work with regulators in New York, in spite of its previous criticisms. This is a positive development for the cryptocurrency industry, as it shows that Binance is willing to work with regulators to obtain licenses and operate legally in jurisdictions where it previously had no presence.
It remains to be seen if Binance will actually obtain a BitLicense, but the fact that they are now open to the idea is a positive sign for the industry as a whole.
10 Related Question Answers Found
Binance, one of the world’s largest cryptocurrency exchanges by trading volume, is not currently available to users in New York. The exchange has been banned in the state since April 2019, when the New York State Attorney General’s office filed an injunction against the exchange. The injunction was filed on the grounds that Binance was operating in New York without obtaining the proper licenses from the state.
Binance is a cryptocurrency exchange that allows you to trade in a variety of cryptocurrencies. You can use Binance in NY if you are a resident of New York state. If you are a New Yorker, you can use Binance to buy and sell cryptocurrencies.
Binance US, the American arm of the world’s largest cryptocurrency exchange by volume, has finally launched. The long-awaited launch comes after months of anticipation and speculation, as the platform had first announced its intention to enter the US market back in June 2019. The launch is a major milestone not just for Binance, but for the cryptocurrency industry as a whole.
Binance, one of the world’s largest cryptocurrency exchanges, has been inaccessible to New Yorkers since July 14th, 2019. The reason for this is that Binance is not registered with the New York State Department of Financial Services (NYSDFS), which regulates cryptocurrency businesses in the state. This may come as a surprise to many, as Binance is available in most other US states.
Yes, you can use Binance in New Jersey. Binance is a global cryptocurrency exchange that provides a platform for trading more than 100 cryptocurrencies. Although Binance is based in Malta, it has offices in Singapore, Hong Kong, and Tokyo.
Binance, one of the world’s largest cryptocurrency exchanges, recently announced that it will be opening a new office in New York City. The move comes as the exchange looks to expand its presence in the US market. Binance has been operational since 2017 and is headquartered in Malta.
If you want to get a Binance in New York, you will need to first create an account on the Binance website. Once you have done this, you will need to deposit some funds into your account. You can do this by transferring funds from your bank account or by using a credit card.
Binance, one of the world’s largest cryptocurrency exchanges by trading volume, has been in operation since 2017. The company’s CEO is Changpeng Zhao, who has an extensive background in trading and technology. Binance is headquartered in Malta but also has offices in Japan, Taiwan, and Hong Kong.
Binance, the world’s largest cryptocurrency exchange by trading volume, is not currently available to users in New York. This is due to the fact that Binance is not registered with the New York State Department of Financial Services (NYDFS), which regulates cryptocurrency businesses in the state. However, this may soon change.
Binance is a cryptocurrency exchange that allows for the trading of digital assets. Cryptocurrencies are digital or virtual tokens that use cryptography to secure their transactions and to control the creation of new units. Cryptocurrencies are decentralized, meaning they are not subject to government or financial institution control.
