Binance US to be blessed with developments

Catherine Coley, CEO of BAM Trading Services at Binance US shared news on August 09 about some of the exciting developments coming soon for Binance US.

Catherine started by informing that Binance US would bring the unparalleled trading technology platform of Binance to the US. She noted that over the past few months, the team had been focusing on developing a custom platform to access cryptocurrencies in the United States. Catherine vouched that Binance US aimed to be the gateway to the crypto world, and was committed to stand by their values.

Catherine further maintained on the offer as – 

“Here at Binance US, we believe blockchains are more than cryptocurrencies and tokens. Just as few could have foreseen the rise of social media when the Internet emerged decades ago, the most revolutionary digital assets built upon distributed ledgers are likely yet to be conceptualized. It is with this vision in mind that Binance US strives to be a reliable and efficient marketplace for a rich selection of high-quality digital assets, so that our users can be part of the open and competitive market that discovers projects with true utility.”

Catherine sustained by adding on the future roadmap of Binance US. She held a point of concern that Binance US recognized that the ease of issuance of blockchain tokens and the lack of regulation. Catherine inferred that such developments could make these tokens targets of abuse. She summarized that Binance US has both legal obligations and moral duties to protect users from fraudulent blockchain projects.

Catherine further added that Binance US had adopted a Digital Asset Risk Assessment Framework to help good blockchain projects with a real chance of making the world more efficient. She opined that such endeavors would also provide transparency in listing standards, and ensures Binance US’s compliance with applicable legal requirements. Catherine highlighted that the framework examines five areas of candidate asset.

aXpire project announced that it would be integrating with Binance Chain, a blockchain software system developed by Binance and the community. The aXpire team informed that the logistics of the integration would consist of moving a portion of the AXPR token supply into Binance Chain. This would be in a compatible format.

Catherine wrapped up conveying that she and the team were eager to share more on what was ahead for this exciting journey. She expressed gratitude for the user’s enthusiasm and feedback, which were crucial in early development. Catherine thanked the community for their patience, continued support, and inspiration.