Binance, the largest cryptocurrency exchange in the world in terms of trading volume, is studying 30 crypto assets that may be listed on its subsidiary, Binance US.
It is known that Binance will use special software to evaluate the performance of a project and the digital asset it represents. This is expected to ensure transparency and compliance with applicable laws. Binance is evaluating the assets shown in the image below.
When considering crypto assets, the system will pay attention to whether their listing will affect the ability of the new subsidiary to comply with applicable laws and requirements for operators from the crypto industry in the United States, in particular those related to user identification. It is also important for Binance whether crypto projects have a specific strategy that is aimed at finding solutions to pressing problems. The listing of an asset on Binance US can also be affected by the model of supply and demand, as well as the format of interaction of representatives of the crypto project with the community, their ability to find compromises. Naturally, the choice of Binance will be affected by information about whether transactions with an asset are technologically safe.
Recall that from September 12, 2019, the access to trading on the site will be closed for U.S. residents whose account registration does not meet the new conditions for using Binance. There is no information on when the launch of the new Binance US platform will take place.
