THELOGICALINDIAN - Crypto barter behemothic Binance is currently attractive to aggrandize its badge trading brace listings for its US belvedere by as abounding as 18 new cryptocurrencies
Tron and Tezos On Binance Radar for US Crypto Exchange
In a blog column appear on Tuesday (December 11, 2019), Binance.US, the American arm of Binance appear that it was exploring new additions to its trading catalog. According to the statement, the crypto barter belvedere is because abacus 18 new tokens to the 19 already listed on Binance.US.
These new tokens beneath application accommodate Tron (TRX), Tezos (XTZ), and NEM (XEM). Others accommodate OmiseGo (OMG), Ontology (ONT), Icon (ICX), and Enjin Coin (ENJ) amid others.
While Binance.US is advancing expansion, Huobi’s U.S. accomplice HBUS appear beforehand in the anniversary that it was closing down. According to a antecedent Bitcoinist report, HBUS will shut bottomward in mid-December due to low appeal and liquidity.
Binance Keen to Abide by Regulatory Standards
For Binance.US, acquiescence with authoritative standards charcoal paramount. An extract from the Binance.US advertisement reads:
In 2019, crypto barter operators in the U.S. accept been affected to geofence assertive tokens attributable to a abridgement of authoritative clarity. Others accept adopted to move their platforms across to jurisdictions with added assured cryptocurrency regulations.
US Regulatory Praise Crypto Oversight Efforts
Amid the agitation for added clarity, U.S. authoritative are praising their crypto blank efforts. Appearing afore the U.S. Assembly Committee on Banking, Housing, and Urban Affairs on Monday (December 10, 2019), Jay Clayton, administrator of the Securities and Exchange Commission (SEC) described the Commission’s access to crypto regulations as ‘measured, yet proactive.’
Also on Monday, Kenneth Blanco, administrator of the Financial Crimes Enforcement Network (FinCEN) praised the efforts of U.S. regulators in the crypto space. According to Blanco, able-bodied authoritative measures by FinCEN and others are ensuring bigger crypto advertisement standards beyond the industry.
Will Binance.US be able to account all 18 tokens beneath consideration? Let us apperceive in the comments below.
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