BAM Trading Services, Inc. (“BAM Trading”) is a digital asset exchange that is regulated at both the state and federal level. On the federal level, Binance.US is registered as a Money Services Business with FinCEN. BAM Trading Services Inc. (NMLS ID # 1906829) is licensed in the following US jurisdictions:
| Jurisdiction | License Number | Type of License/Statute | Licensed By | Regulator Contact |
| Alabama | SC 814 | Money Transmission License | Alabama Securities Commission |
Alabama Securities Commission P O Box 304700 Montgomery AL 36130-4700 Bene' Kyles 334-242-2372 bene.kyles@asc.alabama.gov ASC@ASC.Alabama.gov |
| Arizona | 1009212 | Money Transmitter License | Arizona Department of Financial Institutions |
Arizona Department of Insurance and Financial Institutions 100 N 15th Ave Ste 261 Phoenix AZ 85007 Tammy Seto 602-771-2804 Tammy.Seto@difi.az.gov |
|
Arizona If you have a complaint, please contact BAM Trading Services Inc. at 1 (844) 900-1450 or inquiries@binance.us. If you still have an unresolved complaint regarding BAM Trading Services Inc. money transmission activity, you may complete an Online Complaint Form as stated on the File a Complaint against a Financial Institution or Enterprise page AZ e-Licensing Portal for filing a complaint AZDFI Consumer Complaint Portal: https://elicense.az.gov/ARDC_FileComplaint Consumer Safety Notice |
||||
| Arkansas | 119231 | Money Transmitter License | Arkansas Securities Department |
Arkansas Securities Department 1 Commerce Way Suite 402 Little Rock AR 72202 Karyn Tierney 501-324-8671 karyn.tierney@arkansas.gov OR Jay Drake 501-324-8688 Jay.drake@arkansas.gov ASDinfo@arkansas.gov |
|
Arkansas If you have a complaint, please contact BAM Trading Services Inc. at 1 (844) 900-1450 or inquiries@binance.us or by mail at 252 NW 29th Street, 9th Floor, Suite 905, Miami, FL 33127. 1 Commerce Way, Suite 402 Little Rock, Arkansas 72202 Telephone: (501) 324-9260 Facsimile: (501) 324-9268
For additional information please refer to the How To File A Complaint page for the Arkansas Security Department. Important Notice from AR Securities Department about Consumer Complaint http://www.securities.arkansas.gov/!userfiles/Complaint%20Important%20Notice%20May%202020(2).pdf [… Initial complaints should be made in writing directly to the entity or individual with whom you have experienced the problem. It is a good idea to indicate on your complaint letter that you are sending a copy to the Arkansas Securities Department. If your problem is not resolved timely by the entity or individual, you are encouraged to complete a Complaint Form and send it to the Department…] |
||||
| Delaware | 30095 | Sale of Checks & Transmission of Money | Office of the State Bank Commissioner |
Delaware Office of the State Bank Commissioner 1110 Forest Ave Dover DE 19904 Christopher L. Hall 302-739-4235 christopherL.hall@delaware.gov bankcommissioner@delaware.gov |
| District of Columbia | MTR1906829 | Money Transmission License | District of Columbia Department of Financial Insurance, Securities, and Banking |
District of Columbia Department of Insurance, Securities and Banking 1050 1st St NE, Ste 801 Washington, DC 20002 Trey Irwin 202-442-7850 Trey.irwin@dc.gov disb@dc.gov |
|
District of Columbia If you have a complaint, please contact BAM Trading Services Inc. at 1 (844) 900-1450 or inquiries@binance.us. If you still have an unresolved complaint regarding BAM Trading Services Inc. money transmission activity, you may file it by contacting the Department at: District of Columbia Department of Insurance, Securities and Banking 1050 First St., NE, Suite 801 Washington, DC 20002 Phone: (202) 727-8000 Fax: (202) 354-1085 E-mail: disbcomplaints@dc.gov |
||||
| Florida | FT230000290 | Money Transmission License | Florida Office of Financial Regulation |
Florida Office of Financial Regulation, Division of Consumer Finance 200 E Gaines Street Tallahassee, FL 32399-0373 Consumer Assistance Group 850-410-9805 or 850- |
|
Florida Florida Office of Financial Regulation If you have a complaint, please contact BAM Trading Services Inc. at 1 (844) 900-1450 or inquiries@binance.us. If you still have an unresolved complaint regarding BAM Trading Services Inc. money transmission activity, you may file it by contacting the Florida Office of Financial Regulation at: Online: https://flofr.gov/sitePages/FileAComplaint.htm; and By mail: Florida Office of Financial Regulation - Consumer Finance 200 E. Gaines Street Tallahassee, FL 32399-0376 Phone: 850-487-9687 BY GRANTING BAM TRADING SERVICES INC. A LICENSE, THE FLORIDA OFFICE OF FINANCIAL REGULATION IS NOT ENDORSING THE USE OF DIGITAL OR VIRTUAL CURRENCIES. – U.S. currency is legal tender backed by the U.S. government. – Digital and virtual currencies are not issued or backed by the U.S. government, or related in any way to U.S. currency, and have fewer regulatory protections. – The value of digital and virtual currencies is derived from supply and demand in the global marketplace which can rise or fall independently of any fiat (government) currency. – Holding digital and virtual currencies carries exchange rate and other types of risk. POTENTIAL USERS OF DIGITAL OR VIRTUAL CURRENCIES, INCLUDING BUT NOT LIMITED TO BITCOIN, SHOULD BE FOREWARNED OF A POSSIBLE FINANCIAL LOSS AT THE TIME THAT SUCH CURRENCIES ARE EXCHANGED FOR FIAT CURRENCY DUE TO AN UNFAVORABLE EXCHANGE RATE. A FAVORABLE EXCHANGE RATE AT THE TIME OF EXCHANGE CAN RESULT IN A TAX LIABILITY. PLEASE CONSULT YOUR TAX ADVISOR REGARDING ANY TAX CONSEQUENCES ASSOCIATED WITH YOUR HOLDING OR USE OF DIGITAL OR VIRTUAL CURRENCIES. |
||||
| Idaho | MTL - 306 | Money Transmitters License | Idaho Department of Finance |
Idaho Department of Finance 800 Park Blvd Ste 200 PO Box 83720 Boise ID 83720-0031 Norman Real 208-332-8082 Norman.Real@finance.Idaho.gov OR Jennifer Biretz 208-332-8081 Jennifer.Biretz@finance.idaho.gov https://www.finance.idaho.gov/about/contact/ |
| Illinois | MT.0000392 | Transmitter of Money License | Illinois Department of Financial and Professional Regulation |
Illinois Department of Financial and Professional Regulation, Division of Financial Institutions 100 West Randolph 9th Floor Chicago, IL 60601 Spenser Staton 312-793-5657 Spenser.Staton@illinois.gov IL.Banks@illinois.gov FPR.ConsumerCredit@illinois.gov |
|
Illinois Division of Banking If you have a complaint, please contact BAM Trading Services Inc. at 1 (844) 900-1450 or inquiries@binance.us. If you still have an unresolved complaint regarding BAM Trading Services Inc. money transmission activity, you may file it online with the Illinois Department of Financial Institutions, Consumer Credit Section at https://www.idfpr.com/admin/DFI/DFIcomplaint.asp Division of Financial Institutions with the Fill In and Print Complaint Form for Currency Exchange and title Insurance https://www.idfpr.com/admin/DFI/F1717DFICHI.pdf , via telephone at (888) 473-4858 (toll-free), or at the following address: Illinois Division of Financial Institutions 320 West Washington Street, 3rd Floor Springfield, IL 62786 |
||||
| Iowa | 2020-0087 | Money Services License | State of Iowa Division of Banking |
Iowa Division of Banking 200 East Grand Ave Ste 300 Des Moines IA 50309-1827 Craig Christensen 515-242-0272 craig.christensen@idob.state.ia.us https://gsecuremail.iowa.gov " FPR.ConsumerCredit@illinois.gov |
| Kentucky | SC723443 | Money Transmitter License | Kentucky Department of Financial Institutions |
"Kentucky Department of Financial Institutions 500 Mero Street 25W19 Frankfort KY 40601 Rebecca Arthur 502-545-2747 rebeccac.arthur@ky.gov kfi@ky.gov" |
|
Kentucky BAM Trading Services Inc. is licensed by the Kentucky Department of Financial Institutions as a money transmitter, but such license does not cover virtual currency (bitcoin) activity |
||||
| Louisiana | N/A | Sale of Checks and Money Transmitters | Louisiana Office of Financial Institutions |
"Louisiana Office of Financial Institutions 8660 United Plaza Blvd 2nd Fl Baton Rouge LA 70809 Michelle Jeansonne 225-922-2596 mjeansonne@ofi.la.gov" |
|
Louisiana Please note the license issued to BAM Trading by the Louisiana Office of Financial Institutions does not cover the exchange or transmission of virtual currency. The Nationwide Multistate Licensing System & Registry (NMLS) number is 1906829. |
||||
| Maryland | 12-1906829 | Money Transmission License | Maryland Department of Labor, Licensing & Regulation |
Office of the Commissioner of Financial Regulation Maryland Department of Labor 1100 North Eutaw Street Ste 611 Baltimore, MD 21201 Sabrina Brown 410-230-6091 sabrina.brown@maryland.gov |
|
Maryland The Maryland Department of Labor, Licensing and Regulation does not currently regulate virtual currency (bitcoin) activity as money transmission (or otherwise). If you have a complaint, please contact BAM Trading Services Inc. at 1 (844) 900-1450 or inquiries@binance.us. If you still have an unresolved complaint regarding BAM Trading Services Inc. money transmission activity, you may file it by contacting the Maryland Department of Labor. The Commissioner of Financial Regulation for the State of Maryland will accept all questions or complaints from Maryland residents regarding BAM Trading Services Inc. & License No.: 1906829 and NMLS ID No.: 1906829) by contacting the Commissioner's office at: Maryland Department of Labor, 1100 N. Eutaw Street, Room 611 |
||||
| Michigan |
MT0022936 (Suspended) |
Money Transmitter License | Michigan Department of Insurance and Financial Institutions |
Michigan Department of Insurance and Financial Services Stevens T. Mason Building 530 W Allegan St 7th Floor Lansing, MI 48933-1521 Arnaud Diomande 877-999-6442 diomandea@michigan.gov |
| Minnesota | MT-1906829 | Money Transmitter License | Minnesota Department of Commerce and Financial Institutions |
Minnesota Department of Commerce 85 7th Place East Ste 280 St Paul MN 55101-2198 Mark Hastie 651-539-1720 mark.hastie@state.mn.us |
|
Minnesota Please note the license issued to BAM Trading by the Minnesota Department of Commerce does not currently cover the exchange or transmission of virtual currency. To make a complaint, please make a call contacting the following: Minnesota Department of Commerce 85 8th Place East, Suite 208 Saint Paul, MN 55101 (Local) 651-539-1500 (Complaints) 651-539-1600 |
||||
| Mississippi | MT1906829 | Money Transmitter License | Mississippi Department of Banking and Consumer Finance |
Mississippi Department of Banking and Consumer Finance PO Box 12129 Jackson MS 39236 Rosie Grayer 601-321-6916 Rosie.grayer@dbcf.ms.gov |
|
Mississippi The Mississippi Department of Banking & Consumer Finance recommends that you attempt to resolve your complaint with the financial institution first by contacting BAM Trading Services Inc. at 1 (844) 900-1450 or inquiries@binance.us to allow the opportunity to resolve the issue(s). If you still have an unresolved complaint regarding BAM Trading Services Inc. money transmission activity, you may file you complain online at https://dbcf.ms.gov/complaint-form/. MS e-Licensing Portal for filing a complaint: MS Banking & Consumer Finance complaint page: https://dbcf.ms.gov/complaint-form/. |
||||
| Missouri | MT1906829 | Sales of Checks and Money Transmitter | Missouri Division of Finance |
Missouri Division of Finance PO Box 716 Jefferson City MO 65102 Joe Crider 573-751-3242 Joe.crider@dof.mo.gov |
| Nebraska | 1906829 | Money Transmitter License | Nebraska Department of Banking & Finance |
Nebraska Department of Banking and Finance 1526 K Street Suite 300 Lincoln NE 68508-2732 Scott Peter 402-471-2171 Scott.peter@nebraska.gov |
| Nevada | MT11161 | Money Transmitter License | Nevada Financial Institutions Division |
Nevada Financial Institutions Division 3300 W Sahara Ave Ste 250 Las Vegas NV 89102 Julie Hanevold 702-486-4120 FIDMaster@fid.state.nv.us |
| New Hampshire | 23528-MT | Money Transmitter License | New Hampshire Banking Department |
New Hampshire Banking Department 53 Regional Dr Ste 200 Concord NH 03301 Michael A. Poulios 603-271-3561 michael.a.poulios@banking.nh.gov |
| New Jersey | L072139 | Money Transmitter License | New Jersey Department of Banking and Insurance |
New Jersey Department of Banking & Insurance Office of Consumer Finance, Division of Banking 20 West State St. 7th Floor PO Box 040 Trenton NJ 08625-0040 Howard Wegener 609-940-7460 howard.wegener@dobi.nj.gov https://www.nj.gov/nj/feedback.html |
| New Mexico | N/A | Money Transmitter License | New Mexico Regulation & Licensing Department Financial Institutions Division |
New Mexico Financial Institutions Division P O Box 25101 Santa Fe NM 87504 Juan Trevizo 505-476-4519 juan.trevizo@state.nm.us https://www.rld.nm.gov/help-center/ |
| Oklahoma | OK-DOB-001 | Money Transmitter License | Oklahoma State Banking Department |
Oklahoma State Banking Department 2900 North Lincoln Boulevard Oklahoma City OK 73105 Dudley Gilbert 405-522-2830 dudley.gilbert@banking.ok.gov https://oklahoma.gov/banking/about/contact.html |
| Pennsylvania | 80252 | Money Transmitter License | Pennsylvania Department of Banking and Securities |
Pennsylvania Department of Banking and Securities 17 North Second St 13th Fl Harrisburg PA 17101 Ryan Walsh 717-214-4768 rywalsh@pa.gov https://www.dobs.pa.gov/Consumers/Pages/Contact.aspx |
| Puerto Rico | TM-137 | Money Transmitter License | Puerto Rico Office of the Commissioner of Financial Institutions Regulation and Licensing Division |
Puerto Rico Oficina del Comisionado de Instituciones Financieras PO Box 11855 Fernandez Juntos Station San Juan, PR 00910-3855 Iris Jimenez Baez 787-723-3131 x2214 irisj@ocif.pr.gov edufin@ocif.pr.gov |
| Rhode Island | 20224384CT | Currency Transmitter License | State of Rhode Island Department of Business Regulation Division of Banking | |
| South Carolina | 1906829 | Money Transmitter License | Office of the Attorney General |
South Carolina Office of the Attorney General P O Box 11549 Columbia SC 29211-1549 Pamela Kirkland 803-734-4072 Pkirkland@scag.gov https://www.scag.gov/about-the-office/contact-us/ |
| South Dakota | MT.2199 | Money Transmitter License | South Dakota Department of Labor and Regulation Division of Banking |
Division of Banking South Dakota Department of Labor and Regulation 1714 Lincoln Ave., Suite 2 Pierre, SD 57501 Phone: 605.773.3421 Fax: 605.773.3460 email: banking@state.sd.us |
| Tennessee | 1906829 | Money Transmitter License | Tennessee Department of Financial Institutions |
Tennessee Department of Financial Institutions Tennessee Tower 26th Floor 312 Rosa L. Parks Avenue Nashville, TN 37243 Mandy Jones Heady 615-806-9237 mandy.jones@tn.gov TDFI.Contact@tn.gov |
|
Tennessee Please note that this license and the required surety bond do not cover the transmission of virtual currency. BAM Trading Services Inc. is licensed by the Tennessee Department of Financial Institutions as a money transmitter. The Tennessee Department of Financial Institutions does not regulate virtual currency. |
||||
| Utah | 222 | Money Transmitter License | Utah Department of Financial Institutions |
Utah Department of Financial Institutions P.O. Box 146800 Salt Lake City, Utah 84114-6800 Paul Cline 801-538-8842 pcline@utah.gov dfi@utah.gov |
|
Utah Virtual Currency Disclosure BAM Trading Services Inc. is licensed by the Utah Department of Financial Institutions as a money transmitter. At this time, the Utah Department of Financial Institutions does not license or regulate services related to virtual currency. |
||||
| Virginia | MO-403 | Money Order Seller & Money Transmitter License | Virginia State Corporation Commission Bureau of Financial Institutions |
Virginia Bureau of Financial Institutions 1300 East Main St Ste 800 PO Box 640 Richmond VA 23218-0640 Robert Mednikov 804-371-9692 robert.mednikov@scc.virginia.gov bfiquestions@scc.virginia.gov |
|
Virginia Virtual Currency Disclosure BAM Trading Services Inc. is licensed by the Virginia State Corporation Commission as a money transmitter, but such license does not cover the transmission of virtual currency (Bitcoin). |
||||
| Wyoming | 7292 | Money Transmitter License | Wyoming Department of Audit Division of Banking |
Wyoming Division of Banking Hathaway Bldg, 2nd Fl 2300 Capital Ave Cheyenne WY 82002 Ryan Seals 307-777-6601 ryan.seals@wyo.gov wyomingbankingdivision@wyo.gov |