The largest cryptocurrency exchange Binance in the partnership with BAM Trading Services company is going to launch new regulated cryptocurrency trading platform in the USA.
BitcoinDoubler2x has learned, that BAM Trading Services will act as an operator of new platform. And Binance will provide custodial services and also will match requests. The date of new platform running is not informed now.
“We are very glad to run Binance US and provide users from the North America with access to safe, fast and liquid platform. Platform`s operator will become BAM, so the exchange will meet regulatory requirements”, – Binance CEO Changpeng Zhao said.
Interesting, that BAM Trading Services is practically unknown in the finance market. It`s registered in a division of the US Treasury Department’s Financial Crimes Enforcement Network (FinCEN). However, the department “doesn`t check the information, given to business”. Wherein, the company is registered in California and can provide financial services only in this state.