Btrz_JokerBTC_728x90_en.gif

Crypto Exchange Binance.com to Block US Customers from Trading

Binance, the world’s largest cryptocurrency exchange, is revamping its internal policies and cracking down on wayward users.


The Malta-based exchange announced Friday morning that it was reviewing user accounts to ensure they follow Binance’s terms of use and know-your-customer (KYC) procedures and will remove deposit and trading permissions for anyone in violation of its policies.


In an updated term of use agreement revised on June 14, the exchange’s general site notably stated that “Binance is unable to provide services to any U.S. person.”


The news comes less than a day after Binance announced it was formally expanding to the US. The exchange also previously said it would strengthen its compliance and security practices through a number of partnerships, most notably with software provider Chainalysis and KYC/AML tool provider IdentityMind.

Read More CoinDesk...

#Binance #US #Trading

1xBit Salah.gif
1xBit Casino.gif
Antminer Banner.png