Post
Topic
Board Bitcoin Discussion
Re: Binance to open a separate trading platform for US
by
slaman29
on 15/06/2019, 09:45:48 UTC
The news about Binance blocking US residents was shocking. But you can't blame them as US has strict laws about Cryptocurrency and transfer of money.
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.
More of it https://cointelegraph.com/news/binance-to-open-us-based-division-with-fincen-approved-partner/amp

Can't blame them indeed. Now US people will be forced to seek OTC methods or even just find ways online. Get some Bitcoin from ATMs maybe and then go online to gamble, and use those internal exchanges. I simply see no easier or cheaper way with the way things are going. Coinbase will love this development won't they?