Binance US user registration will officially start next week as per the reports from the CEO of the company Changpeng Zhao which we have in our altcoin news today.
Yesterday, the crypto exchange announced for all US residents that they will be able to register with the US entity from next Wednesday. The US citizens and users will be able to deposit crypto funds on the platform starting from September 18th at 08:00 and they will accept coins including Ethereum, Bitcoin, Ripple, Litecoin, USDT and Bitcoin Cash. According to the platform itself, US CEO Catherine Coley believes that this is the first step from the first phase of the launch. The Chinese exchange which is based in Malta will give gradual access to the crypto ecosystem across the US.
Starting from Wednesday, the American crypto traders will get the chance to register to Binance US and pick the verification tier that will decide the withdrawal limits. This will be the standard procedure for all of the crypto exchanges that operate in the country. Once it is verified, the users will be able to deposit crypto funds based on the list of six digital assets. Binance explained in their statement that it would provide some more details about the specific timing of when the marketplace will start going live. They expect this to happen very soon after the US onboarding opens. The Binance US user registration is the highly anticipated event for the traders in the country and even the platform stated that they will roll out the trading platform in the upcoming weeks with the KYC onboarding that will come very soon before the launch.
Besides the only six tokens that will be available from the next week, the crypto exchange giant is evaluating another 24 other digital assets that will join the platform including: DASH, BNB, ADA, Atom, IOTA, LOOM, MANA, NEO, PAX, REP, TUSD, WAVES, XLM, EOS, ETC and ZRX as per the reports in the latest cryptocurrency news reports. Binance US is operated by BAM trading services which are based in one of the biggest cities in the US- San Francisco.
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‘’Up to now, the economy has done a great job in countering crises and inflation with measures taken by central banks. Once a digital currency provider dominates the market, it will be quite difficult for competitors.’’Rather than Libra entering the market in Germany, the authorities appear to be in favor of creating a new state-backed digital currency which will run on the Bundes chain. Part of Germany’s proposed blockchain strategy involves creating a simple framework for crypto startups in the country. As it was previously reported in some of the best cryptocurrency news sites, BitBond in 2019 launched the first even regulated security token offering in Germany. According to Heilmann, the German government hopes that the new blockchain strategy will help the local crypto startups to enjoy the competitive advantages of the market over foreign counterparts. There is also very little information on how the government-run Bundes Chain will incentivize the private participants. For the crypto analyst Alex Kruger, some of the other countries will copy the approach Germany has with the emerging cryptocurrency and blockchain technology industry. Also, the French Finance Minister Bruno Le Maire declared that the country will also work towards blocking the libra crypto project in Europe. Le Maire also explained that Libra is a huge threat to the economic sovereignty of Europe. In China, the central bank is also trying to launch the digital yuan project which is a part of the efforts to block Libra.
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“Our plan is to represent the Mt.Gox creditors and help them report to Russian law enforcement so that the investigators could establish the connection between the stolen funds from Mt Gox, the operations of BTC-e and WEX, using Vinnik’s case.’’ZP Legal claims to have successfully recovered as much as $1 million of the funds on behalf of an unnamed client from another exchange based in Russia as we read in the latest cryptocurrency news.
Sportsbet.io Made Smart Partnership With Premier League Watford FC: CZ
“The crypto community have been hugely supportive of us since we began, so putting the Bitcoin logo on the sleeve felt like a fun way to give something back while also showing them our support.’’Sportsbet.io is the first crypto-based company that has its name and logo appear on a Premier League club jersey. The football club will give its fame to the number one cryptocurrency at a time when the price of BTC is outpacing any other cryptocurrency in both yearly gains and trading. The latest move by the platform attracted the attention of the CEO of binance ‘’CZ’’ or Changpeng Zhao who is a huge proponent for crypto adoption. The Binance CEO explained on social media and to its followers on Twitter mostly, that this is a very smart and strategic partnership making the team go into a viral sensation. Sportsbet.io explained the decision to put the logo on the jerseys is a way to say thank you to the crypto supporters that used their services. The crypto community was not so keen on Bitcoin in the summer of 2018 as the community tried to buy a featured ad on the Super Bowl half time show but the NFL moved in to totally ban Bitcoin from being presented as one of the most viewed advertising slots. The crypto advertising industry is still a very contentious topic because some projects are able to reach a huge audience which later leads to large-scale scamming. Bitcoin has never had that kind of advertising campaign but being featured on jersey will definitely boost its visibility as per the analysts and reports for our latest cryptocurrency news.
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