Regulation
Binance’s US branch lands in Alabama
Alabama crypto enthusiasts now have another trading venue.
Binance.US, the regulatory-friendly United States branch of crypto exchange Binance, has added Alabama to its list of approved states.
Binance added Alabama to its list in a Sept. 13 announcement, complete with a football graphic as homage to one of the state’s favorite pastimes. The announcement also listed steps necessary for Alabamians getting started on the platform, including account creation and verification.
Binance unveiled its ban on U.S. customers in June 2019. The company subsequently released a regulatory-sensitive version of the platform months later, called Binance.US.
The U.S. platform’s terms and conditions list 12 restricted states, although Alabama still lies on the not-yet updated list, as well as Florida, which also recently got the greenlight at the end of August.
