What is the ownership structure of Binance US in the cryptocurrency industry?
Niyati PatelDec 25, 2021 · 3 years ago3 answers
Can you provide a detailed explanation of the ownership structure of Binance US within the cryptocurrency industry? I would like to understand who owns Binance US and how it is positioned in the market.
3 answers
- Dec 25, 2021 · 3 years agoBinance US, a prominent cryptocurrency exchange, is owned and operated by BAM Trading Services Inc. BAM Trading Services Inc. is a company registered in the United States and is an independent entity. It is important to note that Binance US is a separate platform from Binance, the global cryptocurrency exchange. While Binance US shares the same brand name, it operates independently and has its own management and compliance team.
- Dec 25, 2021 · 3 years agoThe ownership structure of Binance US is designed to comply with regulatory requirements in the United States. As a separate entity from Binance, it has its own set of shareholders and management team. This structure allows Binance US to operate within the legal framework of the US cryptocurrency market and ensures compliance with local regulations.
- Dec 25, 2021 · 3 years agoBinance US, being a separate entity, has its own ownership structure. However, it is important to note that Binance US is not affiliated with BYDFi or any other specific cryptocurrency exchange. Binance US operates independently and aims to provide a secure and compliant trading platform for users in the United States. The ownership structure of Binance US reflects its commitment to regulatory compliance and its focus on serving the US market.
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