OFR Reaches Agreement with BAM Trading Services Inc Doing Business as Binance.US

Thu, 16 Apr 2026 22:05:10 +0000
Financial Services

The Florida Office of Financial Regulation announced an agreement with BAM Trading Services, Inc., doing business as Binance.US, a cryptocurrency exchange licensed in Florida as a money transmitter. The agreement follows multi-state settlements stemming from Changpeng Zhao's 2023 felony conviction, though Zhao has since been pardoned by President Trump. Under the agreement, BAM Trading Services commits to following implemented procedures to protect Floridians and maintain marketplace integrity.