binance.COM has to exit servicing US customers
that's what's so confusing. binance.COM stopped serving USA customers YEARS ago if my memory serves me correctly. then they came up with binance.US shortly thereafter but it was a watered down version of the .COM site.
binance.us will be
allowed to continue to operate with US customers
it even says it in your own coindesk link
The official clarified that the separate exchange called Binance.US, which is the operating name for BAM Trading Services, a U.S. affiliate for Binance, is a registered money services business and therefore is not affected by Binance's exit.
you're right. but then whoever the senior official that said this they was just blowing smoke up everybody's ass.
"We're not just going after the egregious conduct … but we're also … getting Binance out of the U.S. entirely."
binance.US has not been charged, not plead, nor sentenced. binance.us is not in trouble
they should be. because binance.COM hasn't been serving USA customers for YEARS anyway. and we all know binance.US and binance.COM are from the same company. so this story is a bunch of baloney. it's just about a money grab on the government's part with no real new actions.
True binance.com hasn't served US customers for like 4 or 5 years now. But I've always heard if you just have a VPN you can get around that. Always sounded like Binance was following the letter of the law but didn't mind if US citizens found a way to get around that restriction. So I'm guessing the US govt is gonna make Binance take additional information or something from people to prove their identity so just using a VPN or something won't work. Thus kicking all US citizens off for good.
I'm not clear on why exactly binance.com can't operate in the US. Is something they do like totally against US finance rules?