Major cryptocurrency exchange Binance is establishing a United States-based division with a Financial Crimes Enforcement Network (FinCEN) approved partner, according to a press release shared with Cointelegrpah on June 13.
Binance is reportedly forming a new trading platform targeting U.S.-based clients dubbed Binance US, with a company called BAM Trading Services. BAM will be the operator of Binance US, using Binance’s wallet and matching engine products.
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