Binance.US Sets End-of-year Deadline for Nationwide Availability
Binance.US, the US arm of headquarter-less crypto exchange Binance, moved a step closer this week to becoming available country-wide. Three years after the exchange’s founding, Idaho residents can now access it to buy, sell and trade cryptocurrencies.
![](data:image/svg+xml;utf-8,<svg xmlns="http://www.w3.org/2000/svg" width="1536" height="864" />)
To make that happen, though, the Idaho Department of Finance had to take a closer look at its money transmission laws, said Jennifer Biretz, program manager of money-service businesses for the Securities Bureau at the Idaho Department of Finance.
“Our [rules] are actually somewhat outdated and we’ve taken some positions to interpret modernization of what constitutes money transmission and the ins and outs of cryptocurrency,” she told Blockworks.
2 comments