I think I can understand and see why Binance wants to stay with cryptocurrency trading only. But in the same time I can't but wonder why they forbid buying crypto with Dollar, wouldn't it be better if they allowed people to buy crypto with Dollar? They would expend their user base, or am I missing some information here?
Wouldn't accepting fiat money put them in a position to have to deal with various regulations increasingly?
I think the governments are putting more pressure to regulate the part they can regulate, like accepting credit cards, money transfers, etc. And Binance is probably trying to avoid that.