North Dakota’s financial market regulator has become the latest to revoke the money transmitter license of Binance.US, operated by BAM Trading Services. It has become the seventh US state to do so, as Alaska, Florida, Maine, North Carolina, and Oregon already took similar actions earlier. The order issued on 4 June 2024 highlighted that Binance.US “has not continued to meet the qualifications or satisfy the requirements that apply to an applicant for a new money transmission license.” Justifying the move, the regulator noted that the license cancellation was “necessary and appropriate in the public interest for the ... (full story)