Binance .US scores its fourth operational license in the United States: Puerte Rico
As a money transmitter, Binance.US is allowed to receive and transfer funds between the users on the platform.
On April 6, Binance.US completed its first-ever external funding and reached a $4.5 billion valuation after raising over $200 million from various investors, including Circle Ventures. The company intends to redirect the recent funding to improve existing systems and launch a new suite of products. The announcement also highlights that Binance.US operates in 45 states and seven territories.Binance’s aspiration to conduct business as a regulated entity has seen positive development in the Middle East as well.
On April 10, Abu Dhabi became the third jurisdiction in the Middle East to award Binance an in-principle approval to operate as a regulated crypto exchange. Previously, the exchange received approvals from
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