Binance CEO Says US Platform Could IPO In Three Years – September 2

๐Ÿ“ˆ 30 Second Cryptocurrency Price Summary

Current Bitcoin Price:ย $50,067

Bitcoin price has exploded back up to recent highs, breaking through the $50,000 mark once again.

Top-20 altcoins continue to perform well, as Ethereum gains 6% for the day, Cardano 8% and Dogecoin also gains 8%.

Top Stories for September 2, 2021 ๐Ÿ”ฅ

๐Ÿ‘‰ Binance CEO Says US Platform Could IPO In Three Years

Binance CEO Changpeng Zhao says that the exchange’s US platform, Binance.US, is looking at an initial public offering (IPO) in the next three years.

Zhao says that the IPO would be dependent on the exchange’s growth, which would also rely on cryptocurrency market conditions.ย Binance.US is also seeking to complete a major private funding round within the next two months.

๐Ÿ‘‰ OKEx Launches New NFT Marketplace

Cryptocurrency exchange OKEx has launched a new non-fungible token (NFT) platform, which supports both Ethereum and its own OKExChain network.

The platform will enable users to mint and trade NFTs, as well as eventually allow them to import NFTs that have been created on other platforms. Artists will also be able to set their own royalty fees for their NFT items.

๐Ÿ‘‰ SEC Chair Tells EU Crypto Transformation Is “As Big As The Internet”

SEC Chairman Gary Gensler has told the European Parliament that crypto’s transformation of the world “could be every bit as big as the internet in the 1990s”.

The quote came as part of Gensler’s policy recommendation speech, concerning the regulation of cryptocurrency assets. He also touched on concerns surrounding stablecoins and their dominance in the space.