Updates from LiskHQ About the Lack of LSK in the Binance US New Listings
Binance US announced in a blog post that its efforts to launch a cryptocurrency exchange in the country are proceeding rapidly, but LSK seems to not be in the new listings. Here there are some considerations from LiskHQ in relation to this event.
In June Binance announced that it will stop serving US individual and corporate customers on Binance.com in September, but thanks to the partnership with BAM Trading Services Inc. it is preparing to launch customized trading services for users in the United States.
- compliance with applicable legal requirements, including US AML/CFT and securities laws and their implementing regulations;
- strategy of the core team to solve a real problem that affects the world;
- relationship between core team and community members;
- quantitative analysis of market supply and demand;
- security of the technology and feasibility of the project.
In the announcement they released that the following digital assets are being evaluated under this framework for listing on the Binance US marketplace:
Lisk community was upset to not see there its coins, so questions arose about the relationship between US exchanges and LiskHQ.
In addition he stated that LiskHQ was discussing if partner up with Messari, a distributed crypto data library that helps researchers, investors and regulators, because they are based in the US. As a further option, the chance to attend Consensus is also taken into account, as a form of promotion of LSK in the US.
Max confirmed that dealing with US exchanges is much more complex than those options and, even if there are really interested in exchange listing, they have to be very careful about that.
As the last statement, Max announced that the promised blog post about Lisk finances is ready to go, they are waiting for the confirmation from lawyers and he will arrange a call for this week to get more clarity.