Banking Securities & Corp Division

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333 Willoughby Ave Ste 9

Juneau, AK 99801

+1 (907) 465-2521

https://www.commerce.alaska.gov

The Division of Banking and Securities in Juneau, Alaska, regulates both depository and non-depository financial institutions, enforcing state financial services laws while providing essential information to consumers, investors, entrepreneurs, and regulated industries. Its primary functions include licensing, examinations, and enforcement, alongside addressing inquiries, resolving complaints, and participating in education and outreach initiatives.

Recently, the Division denied the renewal of the money transmission license for BAM Trading Services Inc., operating as Binance US, due to legal issues involving a significant owner. In addition, the Division is implementing regulation changes related to banking modernization and the licensure of virtual currency activities in Alaska, reflecting ongoing efforts to enhance financial oversight and consumer protection.

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United States›Alaska›Juneau›Banking Securities & Corp Division