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Binance.US Will Launch in a Matter of Weeks, CEO Says

Malta-based cryptocurrency exchange Binance will be launching its Binance.US, a cryptocurrency exchange that will be accessible by US-based users, in “the coming weeks.” The announcement came in a Medium post by Binance on Friday, September 6. At first, the platform will be only accessible via mobile or desktop browser; eventually, an app version of the exchange will be released.

The post was signed by Binance.US CEO Catherine Coley, who held an executive-level position at Ripple before being joining the new branch of the exchange.

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While the company did register with a San Francisco address as a money services business with the US Treasury’s Financial Crimes Enforcement Network (FinCEN), the registration document explains that FinCEN does not verify information submitted by the MSB,” and that the document “reflects only what was provided directly” in the registration documents.

Indeed, CoinDesk reported that “it is unclear who BAM Trading Services is,” although the company “appears to be working with Koi Compliance, the ‘fully-managed solutions’ wing of over-the-counter (OTC) crypto trader Koi Trading.”

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