Binance, one of the world’s largest cryptocurrency exchanges by trading volume, is no longer allowing U.S.
customers to trade on its platform. Binance made the announcement on Friday, stating that it would “block IP addresses accessing the Exchange from within the United States of America starting 09:00 PM (UTC) on 09/14/2019.”.
The move comes as Binance looks to comply with U.
regulations and launch a compliant platform for trading digital assets in the country. Binance US, which is set to launch in “the coming weeks,” will only be available to users who are not citizens or residents of the United States.
The exchange first announced its plans to launch a U.-compliant platform back in June, when it revealed that it had secured a strategic investment from an unnamed “U.
NOTE: WARNING: Binance is currently banning US customers from using its services. As such, US customers should be aware that they may be blocked from using the platform and their accounts could be terminated if they are found to be in violation of this policy. US customers should also be aware that Binance may take legal action against those who try to circumvent this policy or use its services in any way other than what is allowed by Binance.
financial institution.” At the time, Binance said that the new platform would be subject to “strict regulatory compliance” and would operate in full compliance with U. lAWS and regulations.
In its announcement on Friday, Binance said that it had made the decision to “geo-block” its main platform after “careful consideration” and in order to “ensure compliance with local lAWS and regulations.” The exchange added that it would continue to assess the situation and “explore the possibility of opening up access to the platform for U.
S.-based customers in the future.
Binance has been one of the most popular cryptocurrency exchanges in the world, due in part to its wide range of features and low trading fees. However, the exchange has also been embroiled in controversy, most notably over its handling of a hack that saw hackers steal more than 7,000 Bitcoin from Binance’s hot wallets in May of this year.
The hack led to a number of users calling for a boycott of Binance, with some even going so far as to call for a class-action lAWSuit against the exchange. However, Binance has since made a number of changes to its security protocols and has reimbursed all users who lost funds in the hack.
Despite its troubles, Binance remains one of the most popular cryptocurrency exchanges in operation today. The exchange’s decision to ban US customers may come as a disappointment to some, but it seems likely that Binance is simply playing it safe as it looks to launch its US-compliant platform in the near future.
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Binance, one of the world’s largest cryptocurrency exchanges by trading volume, is apparently getting rid of its U.S. customers. The change was announced in a blog post on Binance’s website on Friday, which said that the exchange would be “complying with local regulations and requests from regulatory authorities” by “geofencing” its platform.
It is no secret that Binance, one of the world’s largest cryptocurrency exchanges, has been trying to establish a presence in the United States for quite some time now. However, the process has been far from smooth sailing. The company has faced a number of hurdles, the most recent of which is a lAWSuit filed by the New York Attorney General’s office.
Binance, one of the world’s largest cryptocurrency exchanges, is reportedly planning to block U.S. customers from using its platform. The move would come as part of a wider plan to comply with regulations from multiple jurisdictions, including the U.
Binance, the world’s largest cryptocurrency exchange by trading volume, is not currently available to users in the United States. The company has been steadily expanding its reach over the past few years, but its US operations have been limited to a single platform: Binance US. Binance US is a separate entity from the main Binance exchange, with its own management team and compliance officers.
Binance, the world’s largest cryptocurrency exchange by trading volume, is shutting down its US operations. The move comes after the US Securities and Exchange Commission (SEC) filed a lAWSuit against the company for allegedly violating securities lAWS. Binance has been operating in the US since 2019, but it has always been done through a third-party entity.
Binance, the world’s largest cryptocurrency exchange by trading volume, is not currently accessible to users in the United States. The reason for this is unclear, but it may be due to regulatory reasons. This is unfortunate for U.S.
Binance, one of the world’s largest cryptocurrency exchanges, is no stranger to controversy. The Malta-based company has been accused of everything from fraud to money laundering, and its CEO, Changpeng Zhao, has been criticized for his close ties to the Chinese government. Now, a new report from The Block claims that Binance may be violating U.S.
Binance, one of the world’s largest cryptocurrency exchanges by trading volume, is now officially banned in the United States. The decision was made by a U.S. District Court in Hawaii on September 11, 2019.