Binance, one of the world’s largest cryptocurrency exchanges by trading volume, is now available in Texas. The Malta-based company announced the expansion of its U.
S. operations on Thursday, adding the Lone Star State to the list of states where its platform can be accessed.
The move comes just days after Binance announced plans to set up a fiat-to-cryptocurrency exchange in Singapore. The new exchange, which is still subject to regulatory approval, will allow users to buy and sell cryptocurrencies using Singapore dollars.
Binance first launched its U.S.
operations in September 2018 with a crypto-to-crypto exchange based in San Francisco. The exchange quickly became one of the most popular trading platforms in the country, with over $1 billion worth of cryptocurrencies traded on the platform each day.
NOTE: WARNING: Binance is not currently available to customers located in Texas. Any attempts to use Binance services while located in Texas may result in the suspension or termination of your account.
The expansion into Texas is part of Binance’s ongoing push to expand its presence in the United States. The company has already applied for a money transmitter license in Wyoming and is reportedly eyeing a move into New York.
The addition of Texas is significant because it is one of the few states that have yet to implement strict regulations around cryptocurrency exchanges. That could change in the future, but for now, Binance is free to operate in the state without having to obtain a special license.
The move also puts Binance in direct competition with another major U.-based exchange, Coinbase, which is also available in Texas. Coinbase has been the dominant player in the U. market for years, but Binance is quickly closing the gap with its aggressive expansion plans.
For now, it remains to be seen how much market share Binance can steal away from Coinbase in Texas and other parts of the United States. But one thing is for sure: The competition between these two exchanges is heating up and that can only be good for users who will benefit from lower fees and more innovation.
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Binance, one of the world’s largest cryptocurrency exchanges by trading volume, is expanding its operations to the U.S. state of Texas. The move comes as the exchange looks to capitalize on the growing demand for digital assets in the country.
Binance US, the American arm of the world’s largest cryptocurrency exchange, is now available in Texas. The move comes after the exchange received money transmitter licenses from the state’s Department of Banking and Securities Commission. The news was announced in a blog post on Thursday, which also revealed that Binance US had added support for wire transfers.
Binance, one of the world’s largest cryptocurrency exchanges by trading volume, has been “banned” in the state of Texas. The ban comes in the form of a cease and desist order issued by the Texas State Securities Board (SSB) on Tuesday. In the order, the SSB alleges that Binance is illegally offering securities in the form of digital tokens to Texas residents.
“Binance is not registered with the SEC as a broker-dealer or investment adviser, and is not registered with the Texas State Securities Board as a dealer or investment adviser,” the order reads.
Binance, the world’s largest cryptocurrency exchange by trading volume, is expanding its operations to the U.S. state of Texas. The move comes as the latest in a series of expansionary moves by the Malta-based firm, which has been rapidly growing its global footprint in recent months.
Binance US, the American arm of the popular cryptocurrency exchange Binance, is now live. Texans are now able to buy, sell, and trade cryptocurrencies on the platform. The launch of Binance US comes after several months of preparations.
Binance US, the American arm of the world’s largest cryptocurrency exchange, is now available in Texas. The news was announced via a blog post on the Binance US website. This marks a significant expansion for the Binance US exchange, which is currently only available in 42 states.
Binance is a cryptocurrency exchange that allows you to trade digital assets including Bitcoin, Ethereum, and Binance Coin. The platform has seen tremendous growth since its launch in 2017, and now boasts over 15 million users. While Binance is available in most jurisdictions around the world, there are a few notable exceptions.
Cryptocurrency trading is still a largely unregulated market in most countries, including the United States. This means that there are no specific lAWS or regulations in place regarding the trading of digital assets. However, this does not mean that trading cryptocurrencies is illegal.
Binance US, the American arm of popular cryptocurrency exchange Binance, is now live. The long-awaited launch comes after months of testing and regulatory compliance. Binance US is now available in most states, with the exception of Alabama, Alaska, Connecticut, Florida, Georgia, Hawaii, Idaho, Louisiana, New Mexico, North Carolina, Ohio, Oregon, South Carolina, Tennessee, Texas and Washington.
Binance, one of the world’s largest cryptocurrency exchanges by trading volume, is now live in Texas. The Malta-based firm announced the launch of its U. S.
