Post
Topic
Board Bitcoin Discussion
Re: Binance to open a separate trading platform for US
by
MonsterV
on 15/06/2019, 21:12:58 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

Yes indeed the US is a country that is quite strict in regulating taxation and business affairs. But I am quite happy because binance has a way out of regulations issued by the US, although binance will be a national scale exchange but I don't think it will lose to the main binance. But my question is, will the volume be accumulated later with binance.com?