The latest development is noteworthy given that it is now less than thirty-five days before Binance users in the United States are cut off from Binance.com for regulatory reasons.
As per today’s announcement, the soon to launch Binance US operated by Binance partners, BAM Trading will adopt a Digital Asset Risk Assessment Framework to allow it to comply with regulatory requirements for crypto exchanges in their new territory.
To this end, the upcoming exchange will not list the over 100 of cryptocurrencies available on Binance.com, but will for a start evaluate the potential listing of thirty cryptocurrencies.
The Cryptos That Could List on Binance America Include
- Bitcoin (BTC)
- Ethereum (ETH)
- Ripple (XRP)
- Litecoin (LTC)
- Cardano (ADA)
- Bitcoin Cash (BCH)
- Binance Coin (BNB)
- Cosmos (ATOM)
- Brave Attention Token (BAT)
- Dash (DASH)
- Ethereum Classic (ETC)
- Decentraland (MANA),
- Augur (REP)
- Ravencoin (RVN)
- True USD (TUSD)
- Stellar (XLM)
- Zilliqa (ZIL)
At this point, it is worth noting that the provision of this list does not entail users can expect to trade these cryptocurrencies on Binance US when it launches.
The listings are still pending regulatory approval.
Also, while the exchange did not reveal a possible launch date, the initial announcement revealed that Binance U.S aims to go live before the geo-blocking from Binance.com happens on Sept. 12.
However, Binance US will use the wallet and trading technology powering Binance.com and also use security services provided by Chainalysis and KYC/AML compliance firm IdentityMind.
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