Binance Gives US Users 14 Days to Leave Exchange

in blurt •  4 years ago 

Binance Gives US Users 14 Days to Leave Exchange



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Binance is again clamping down on US-based customers. And this time, it might really mean it.

The world’s largest cryptocurrency exchange has begun sending email notifications to users in the US, where Binance has no regulatory standing, giving them 14 days to close their account.

“Dear user, as we constantly perform periodic sweeps of our existing controls, we noted that you are trying to access Binance while having identified yourself as a US person,” the email, a copy of which Decrypt has obtained, reads. “Please note that as per our terms of use, we are unable to service US persons. You have 14 days to close all active positions on your account and withdraw all your funds, failing which your account will be locked.”
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