Welcome to Miami: Binance moves into Florida

Binance.US, the American iteration of the globally dominant cryptocurrency exchange, says it now meets Florida's regulatory requirements.

1 min read

Aug 25, 2020

Binance.US, the cryptocurrency exchange that first launched in the United States in September 2019, finally has the green light to sign up Floridians to its service.

Binance.US says it is now "fully registered and regulated [as a] crypto and digital asset exchange," meaning Floridians can now buy, sell, and trade in the 40+ digital currencies Binance.US supports.

Florida, the third-most populous state in the union becomes the 38th state Binance.US supports. With an estimated 17 million adults who can sign up for the service, Florida represents a potentially lucrative market for the exchange, which is still not open to customers in several other large states, namely New York and Texas

According to a press release, Binance.US CEO Catherine Coley, who grew up in Florida, has been looking for a way to bring the company she leads into the Sunshine State.

“Growing up in Florida, it's especially rewarding to bring digital assets to the state where I loved watching the Orlando Magic play and seeing space shuttles launch from Cape Canaveral," she said. "It is truly a state of dreamers and doers.”

Florida customers will be able to register their accounts starting tomorrow, August 25.

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