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Binance is regulated where exactly? Can you please point me to the jurisdiction where it's offices are located, so I can instruct my lawyers to send them some p
by kikokikokiko 4y ago
Binance is regulated where exactly? Can you please point me to the jurisdiction where it's offices are located, so I can instruct my lawyers to send them some papers? Just asking in case something happens in the future.
- MacsHeadroom 4y agoBUSD is not a Binance product, it is a Paxos product [0] regulated by the New York State Department of Financial Services. Binance merely pays to have their name on it. [1] Here is the specific NYDFS guidance on Paxos' issuance of stablecoins. [2] And here is a link to their NYDFS appointed third-party auditory accounting firm. Complaints against Paxos can be filed with the New York State Department of Financial Services at: One State Street New York, NY 10004 --- OR with Paxos directly at 450 Lexington Ave Suite 3952 New York, NY 10163 --- [0] https://paxos.com/busd/ https://paxos.com/busd/ [1] https://www.dfs.ny.gov/industry_guidance/industry_letters/il20220608_issuance_stablecoins https://www.dfs.ny.gov/industry_guidance/industry_letters/il... [2] https://www.withum.com/ https://www.withum.com/
- kikokikokiko 4y agoSo in an eventual future where BINANCE stops allowing people to withdraw their BUSD, I can go to Paxos door and complain about it? Will my clown USD be returned to me?