Post
Topic
Board Bitcoin Discussion
Re: Binance to open a separate trading platform for US
by
btc_angela
on 15/06/2019, 06:27:48 UTC
But they are not going to leave anyone behind, they are going to establish a separate trading platform that would work accordance to all US laws for providing service to all US residents. The platform would probably be called Binance US.

I believe part of this has to do with offering security tokens not registered with the SEC, and Binance's unwillingness to register as a national securities exchange. Bittrex and Poloniex have made similar moves. It's possible that most markets will still be available on the .US domain, minus a few dozen of the obvious securities.

And it could be because of SEC suing KIN https://www.sec.gov/news/press-release/2019-87. So Binance stay one step of the game by offering a separate trading for US residents only. It's a bold move, but at least they have dodge another bullet in doing that.