Now that Binance is moving to Malta, will it still be providing services to US customers?? Secondly, what is the actual legal standing for the US customers? Is Binance approved by FinCEN under MSB since it is an exchange and US deems it as facilitating 'securities'?? I'm just trying to protect my ass here and make sure i'm not violating any law by trading on your platform.. Thank you
Most people know by now how Binance is moving to Malta. The cryptocurrency trading platform has big expectations following this migration. It is evident the country is a lot more open-minded when it comes to Bitcoin and other cryptocurrencies. Binance is not the only company trying their hand at moving to this country, though.
It seems Monaco, a relatively new cryptocurrency company, contemplates a similar move. For now, they are looking into tackling this market sooner or later. It will take some time to successfully do so, but the plan is set in motion. Whether or not this means Monaco will launch a new office or permanently move to Malta, remains unclear at this point.