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Update: Currently only Binance.US is approved to invest part of customer assets in US Treasuries

2024-07-19 16:16
Odaily News In the U.S. Securities and Exchange Commission’s (SEC) lawsuit against Binance Holdings Limited, a motion order from the District Court for the District of Columbia approved BAM Trading Services Inc. and BAM Management US Holdings Inc. to invest part of customer legal funds in U.S. Treasuries. BAM Trading and BAM Management are U.S. entities operating Binance.US, which means that currently only Binance.US is approved to invest part of customer assets in U.S. Treasuries.