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Did US Regulators Help Bitcoin Surge over the Weekend?

Mayur Sontakke, CFA, FRM
Did US Regulators Help Bitcoin Surge over the Weekend?

On June 14, BAM Trading Services announced that it was partnering with Binance to bring it to the US with full regulatory compliance. Binance will compete with Coinbase in the US. Binance is trying to be compliant with local regulations and has opened up local exchanges in Singapore, the United Kingdom, and Uganda.