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Why USA users can't use Binance exchange

  • Thread starter Thread starter hani20980
  • Start date Start date
I believe the US government to be rational at making decisions and they can't just wake up and do this mess unless binance has gone against any regulations
 
I thought binance created a separate platform for the USA citizen called binance.us , but you can not trade without the use of kyc data verification, I will do my research on that
 
Whatever their government decides depends on the fact as to which or whether it is good for its citizens or not, if it is not we believe that we time it could be changed
 
Binance was banned in US because a recent report from blockchain forensics firm Chainalysis said Binance was a top destination for illicit cryptocurrency in 2019. ... It's prohibited from doing business in the US because it offers securities that aren't registered with the Commodity Futures Trading Commission.
 
It has to do with the country's regulation which has affect the operation of Binance. Binance did that to avoid facing lawsuit from the US government.
 
Thinker009 said:
I thought binance created a separate platform for the USA citizen called binance.us , but you can not trade without the use of kyc data verification, I will do my research on that
Click to expand...
So does it really mean that with this platform , that people in the US can safely invest in cryptocurrency because I thought binance has limited their operation completely from US .
 
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