Binance, Exchanges

Is Binance Banned in US?

Binance, one of the world’s largest cryptocurrency exchanges by trading volume, is not currently banned in the United States. The US-based crypto exchange launched in September 2017 and has quickly become a leading player in the space.

Binance is registered with FinCEN and complies with KYC/AML regulations. In addition, Binance US recently obtained a money transmitter license in Wyoming.

NOTE: WARNING: Binance is not currently allowed to operate in the United States of America. It has been declared illegal by the US Securities and Exchange Commission (SEC). Any attempts to access, use, or trade on the Binance platform within the United States could lead to serious legal repercussions, including fines and/or imprisonment.

While Binance is not currently banned in the US, that could change in the future. The SEC has taken action against a number of crypto exchanges in recent years, including shutting down EtherDelta and charging the founders of Centra with fraud.

It’s possible that Binance could eventually face similar regulatory scrutiny from the SEC. However, for now, Binance is not banned in the US and remains a popular option for cryptocurrency traders.

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