Binance.US is pleased to announce that it has received its Money Transmitter License from the Nevada Department of Business and Industry, Financial Institutions Division.
“We continue to take the necessary steps to ensure we are operationally compliant across the United States, our customers’ assets are secure, and our platform is safe and transparent,” said Brian Shroder, Chief Executive Officer of Binance.US. “Receiving our Money Transmitter License in Nevada is further evidence of our ongoing compliance efforts, and we are thankful for the time and trust of the Nevada Department of Business and Industry.”
Nevada is the seventh jurisdiction in which Binance.US has secured a Money Transmitter License in 2022, following West Virginia, Connecticut, Wyoming, Rhode Island, Idaho, and Puerto Rico. Through its licenses and those of its partners, Binance.US currently operates in 46 states, as well as Puerto Rico, offering some of the industry's lowest fees on 120+ token listings.
Additionally, in furtherance of its goal to serve as the most customer-centric organization in the crypto industry, Binance.US continues to expand its customer support team and tools, offer low - and even zero - fees, and introduce more products and services such as staking, with an APY of up to 15%.