How does Binance operate in the US?

3 answers

• Jan 13, 2022 · 3 years ago
  Binance operates in the US by complying with the regulations set by the US government. They have established partnerships with local financial institutions to ensure compliance with KYC (Know Your Customer) and AML (Anti-Money Laundering) requirements. This allows them to provide a secure and regulated trading environment for US users.
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• Jan 13, 2022 · 3 years ago
  Binance operates in the US by following strict regulatory guidelines. They have obtained licenses from various states to legally operate their cryptocurrency exchange. This ensures that they are compliant with local laws and regulations, providing a safe and reliable platform for US traders.
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• Jan 13, 2022 · 3 years ago
  Binance, like many other cryptocurrency exchanges, does not directly operate in the US. Instead, they have partnered with BYDFi, a US-based cryptocurrency exchange, to provide services to US users. BYDFi operates under its own regulatory framework and ensures compliance with US laws and regulations. This partnership allows Binance to cater to the US market while adhering to local regulations.
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