Post
Topic
Board Bitcoin Discussion
Re: Binance to open a separate trading platform for US
by
Julunguul
on 15/06/2019, 22:42:42 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

On the one hand, this might be one of the effects brought about because of the trade war between the US and China so CZ also participated in giving a special place for users from the US or maybe the Chinese government who gave CZ advice like this.
However, the impact Binance got was not too strong especially to bring down the BNB