- Binance.US revealed that it was looking into new additions to its crypto trading list.
- The statement goes onto highlight that the platform is looking at more than ten tokens to add.
- Binance’s United States’ arm is still looking to grow out even more than it already has.
Writing in a blog post published earlier this week, Binance.US revealed that it was looking into new additions to its crypto trading list.
The statement goes onto highlight that the platform is looking at more than ten tokens to add onto its already hefty catalogue.
Specifically, eighteen new tokens are being included on top of the nineteen already listed on the exchange.
As per Bitcoinst, the new tokens in question that are under review, include “Tron (TRX), Tezos (XTZ), and NEM (XEM). Others include OmiseGo (OMG), Ontology (ONT), Icon (ICX), and Enjin Coin (ENJ)” as well as many others.
As Binance’s United States’ arm is still looking to grow out even more than it already has, Huobi’s US partner HBUS has revealed earlier this week that it was actually shutting it’s doors.
The partner is set to shut down for good by the middle of this month. The reasoning behind this is simple, lack of demand and liquidity.
In being compliant with regulatory standards an excerpt from the Binance.US announcement reads:
“Our priority to continue exploring more digital asset listings for our users runs in parallel to our efforts to deliver a mobile application and more access to new states we currently do not operate. Binance.US recognizes that the ease of issuing blockchain tokens and the perceived lack of regulation could make these tokens targets for abuse. Binance.US has both legal obligations and moral duties to shield our users from fraudulent blockchain projects and combat financial crimes.”
It will be interesting to see how this situation plays out. For more news on this and other crypto updates, keep it with CryptoDaily!