USD

AED

AFN

ALL

AMD

ANG

AOA

ARS

AUD

AWG

AZN

BAM

BBD

BDT

BGN

BHD

BIF

BMD

BND

BOB

BRL

BTN

BWP

BYN

BZD

CAD

CDF

CHF

CLF

CLP

CNH

CNY

COP

CRC

CUC

CUP

CVE

CZK

DJF

DKK

DOP

DZD

EGP

ERN

ETB

EUR

FJD

FKP

GBP

GEL

GHS

GIP

GMD

GNF

GTQ

GYD

HKD

HNL

HRK

HTG

HUF

IDR

ILS

IMP

INR

ISK

JMD

JOD

JPY

KES

KGS

KHR

KMF

KPW

KRW

KWD

KYD

KZT

LAK

LBP

LKR

LRD

LSL

LYD

MAD

MDL

MGA

MKD

MMK

MNT

MOP

MRO

MRU

MUR

MVR

MWK

MXN

MYR

MZN

NAD

NGN

NIO

NOK

NPR

NZD

OMR

PAB

PEN

PGK

PHP

PKR

PLN

PYG

QAR

RON

RSD

RUB

RWF

SAR

SBD

SCR

SDG

SEK

SGD

SHP

SLL

SRD

SSP

STD

STN

SVC

SYP

SZL

THB

TJS

TMT

TND

TOP

TRY

TTD

TWD

TZS

UAH

UGX

UYU

UZS

VES

VND

VUV

WST

ZAR

ZMW

ZWL

Cryptoknowmics 2022-06-04 14:26:12

BinanceUS Starts Offering Crypto Services to Idaho Residents

The American arm of Binance Cryptocurrency Exchange, Binance.US, is now available to the residents of Idaho, making the company accessible in 46 states. Binance.US Can Now Operate in Idaho On Friday, Changpeng Zhao, the CEO of Binance Cryptocurrency Exchange attached an announcement from a publication saying that the platform has secured a license from the regulators of Idaho. https://t.co/hSHrrlFFdF gets Idaho license. Moving forward. https://t.co/pfDusDSuw2 — CZ 🔶 Binance (@cz_binance) June 3, 2022 States across the United States have different licensing requirements. For instance, Idaho specifically requires any crypto exchange to obtain a money transmitter license. This is the sole reason why the platform had to go through a long process to set up shop in Idaho. Additionally, license applicants must provide two years of financial statements, prove a minimum net worth of at least $50,000, and issue a surety bond to the Idaho Department of Finance of at least $10,000, among other requirements. In May, Idaho legislatures passed the Digital Assets Act, which classifies crypto as personal property and identifies rules and rights around purchase and possession. In the meantime, residents of Hawaii, New York, Texas, and Vermont will have to wait to access Binance.US services. However, a company spokesperson clarified this, saying: “The timelines vary for each state, but we are engaged in active and productive discussions with st...

Related News

U.S CPI Report Today Live Updates
10 Apr 2025
Crypto Market Recovery Accelerates as Global Stock...
10 Apr 2025
Solana (SOL) Price Spikes 13% After Trump Pauses T...
10 Apr 2025
Trump Tariff Ease But Bitcoin ETFs Outflow Crosse...
10 Apr 2025
Bitcoin Price Prediction: Is BTC Price Heading to...
10 Apr 2025
OpenSea Pushes for Separate Rules for NFT Platform...
10 Apr 2025

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.

BinanceUS Starts Offering Crypto Services to Idaho Residents

Most Read News

Related News