Binance.US Secures Money-Transmitter License in Puerto Rico
The U.S. arm of the Binance bitcoin exchange has received a money-transmitter license from Puerto Rico’s financial regulator.
Excited to add another Money Transmitter License, as #PuertoRico marks our fourth in four months. We’re working to acquire the few remaining licenses that will allow us to operate in all U.S. states and territories.
Read more: https://t.co/vab9BQX6Ch pic.twitter.com/1Vc2OEXbQw
— Binance.US 🇺🇸 (@BinanceUS) April 19, 2022
The island territory became the fourth U.S. jurisdiction to grant Binance.US such approval in 2022. Earlier, similar decisions were made by the states of West Virginia, Connecticut and Wyoming.
«After the successful closing of the seed round, we are very pleased to accelerate the pace of obtaining this license and thank Puerto Rico for the trust,” said the company’s CEO Brian Shroder.
According to the statement, Binance.US operates in 45 states and seven territories. The platform lists more than 90 cryptocurrencies.
Earlier in April 2022, the U.S. arm raised $200m at a $4.5bn valuation.
Рассылки ForkLog: держите руку на пульсе биткоин-индустрии!