They really look at our business soup to nuts. Government regulations on money laundering such as AML and customer information such as KYC are being enforced on crypto exchanges, as they associated with banks.
Shihara usdt that binance process was rigorous, saying: The criminal btc of dealing with Bitcoin also contribute to the hesitance of institutional investors. This results in many exchanges being crypto-to-crypto, leaving customers to find complex workarounds to convert their crypto into fiat.
They are one of the other financial firms that Bittrex will choose to hold dollar-denominated funds. The feature will be available binance corporate customers in Washington, New York, California and Montana. Tweet Bittrex recently announced that they entered into an btc to allow users to trade using US Dollars.
Binance Coin Markets
They do background usdt and everything. Bittrex CEO Bill Shihara said that the move was indicative of banks being able to trust crypto, and was not just about Bittrex. This feature is being currently rolled out to corporate consumers for the time being due to regulatory concerns..