Overview

Click to expand overview
Binance’s US subsidiary announced receiving its Money Transmitter License from the Nevada Department of Business and Industry, Financial Institutions Division. The Binance US has spread its wings in Nevada as it obtains a money transmitter license to perform its operations. The US wing of the global cryptocurrency Binance.US was reportedly looking to extend its seed round with a follow-on fundraise of up to $50 million. It will be Binance.US’ second fundraising after the exchange Binance continues to spread its wings in the United States as it obtains official approval in Nevada. Accordingly, the U.S. outlet of the world’s largest crypto exchange In 2025, the crypto firm obtained a Money Transmitter License across seven jurisdictions. According to the details shared by Binance.US, the company is planning to Every money transmitting service business needs a Money Transmitter License to function in compliance with U.S. government policies. Obtaining such a license is vital as the government Binance continues to spread its wings in the United States as it obtains official approval in Nevada. Accordingly, the U.S. outlet of the world’s largest crypto exchange has been licensed

Binance.US Spreads Its Wings in Nevada with Money Transmitter License

Great news for crypto enthusiasts in Nevada! Binance’s US subsidiary, Binance.US, has announced receiving its Money Transmitter License from the Nevada Department of Business and Industry, Financial Institutions Division. This critical license allows Binance.US to legally perform its operations within the state, marking a significant expansion for the exchange.

The Binance US has spread its wings in Nevada as it obtains a money transmitter license to perform its operations, signaling continued growth and commitment to the US market. This achievement underscores the platform's dedication to compliance and provides Nevada residents with a secure and regulated platform for their cryptocurrency needs.

The US wing of the global cryptocurrency exchange, Binance.US, was reportedly looking to extend its seed round with a follow-on fundraise of up to $50 million, potentially fueling further expansion and innovation. It will be Binance.US’ second fundraising after the initial seed round.

Binance continues to spread its wings in the United States as it obtains official approval in Nevada. Accordingly, the U.S. outlet of the world’s largest crypto exchange has been licensed. This license demonstrates Binance.US's commitment to meeting regulatory requirements and providing a trusted platform for users in Nevada.

In 2025, the crypto firm obtained a Money Transmitter License across seven jurisdictions, illustrating its ongoing efforts to expand its reach and comply with regulations across the US. Every money transmitting service business needs a Money Transmitter License to function in compliance with U.S. government policies. Obtaining such a license is vital as the government ensures the safety and security of financial transactions.

According to the details shared by Binance.US, the company is planning to continue its expansion efforts, offering a wider range of cryptocurrency trading options and services to its users. Binance continues to spread its wings in the United States as it obtains official approval in Nevada. Accordingly, the U.S. outlet of the world’s largest crypto exchange has been licensed. This license solidifies Binance.US's position as a leading cryptocurrency exchange in the United States, offering a secure and regulated environment for trading and investment.

Top Sources

Related Articles