By Davis Byrne (US)
CEO and Co-Founder of Binance, Changpeng Zhao got himself into an interview which was published on 15 August in which he recorded his expectations about the launch of Binance US. He says that Binance US may go live within a month or two.
The interview was held with Cheddar by a news reporter whose name is Tanaya Macheel.
CZ (Changpeng Zhao) recorded his statement about Binance as a response to a question that was asked by the reporter. He said that Binance can be launched to start US operations.
CZ replied to the first question as follows
U.S. has always been an important market… Globally, one of the biggest markets for any business… So, we’re very glad that we have a partner [BAM Trading Services] there… so they can help us navigate the regulatory compliance issues
After that, he pointed out the launch date of Binance US that he said that it could launch in a month or two. He did not mention the exact date of launching rather he generally described its launch date.
There’s a lot of work being done, and there’s a lot of things going on in flux, but I would say in a month or two
US has recently made its partnership with BAM whose FinCEN needs a registration from the New York State Department of Financial Services because it does not carry a Bitlicense. So, in this case, Binance will not be present for the people of the State of New York.
Also read:CZ claims about his partnership with BAM in the following words
Binance will license its cutting-edge matching engine and wallet technologies to its US partner BAM to launch Binance.US, acknowledged by its recently approved FinCEN registration on June 11, 2019
Blog post of Catherine Coley
Before this interview, a blog carrying information related to the launch of Binance US was written by Catherine Coley (the Ripple executive and CEO of Binance US) on August, 9. In this blog, it was written that the US team is continuously working on the project of the launch of Binance US which will give easy access to the Cryptocurrency. The US is using DARAF ( Digital Asset Risk Assessment Framework) for its Blockchain projects.
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