![]() It does allow guest access so it does still work if you want a standalone charting application but you can't trade with it. ago So I went ahead and downloaded it to try and the answer is no, it does not work for US users and the US exchange. The collapse of crypto prices last year as well as the demise of several notable crypto companies - including FTX - exposed investors to billions of dollars in losses. 8 comments Best Add a Comment meisdug 2 yr. In August 2021, SEC chair Gary Gensler said investors weren't adequately protected in crypto markets, calling them more like the " Wild West. regulators believe cryptocurrency has no room in the traditional financial system. Industry leaders say the SEC crackdown signals that U.S. ![]() ![]() Learn while you invest with helpful tool-tips, cryptocurrency descriptions, and newsworthy. 1 However, U.S.-based users must use Binance’s U.S. The cryptocurrency industry has been marred by scandals and market meltdowns. Download the Binance.US app today and experience a fast, easy, and secure way to invest in crypto. Both are on the top 10 list of largest exchanges by trading volume, with Kraken reaching third place and Binance in first. customers and transfer assets to them within two weeks. The consent order obliges Binance to create new digital wallets for U.S. It also requires SEC oversight on any spending and prohibits the defendants from destroying records, the agency said in a statement. 11 min read Binance Global exchange halted withdrawals Monday in a temporary suspension that affects all its users, as did other exchanges such as Coinbase.federal judge Amy Berman Jackson prevents the defendants from spending corporate assets other than for ordinary business expenses. It filed similar charges against the world's other top cryptocurrency exchange, Coinbase, nearly simultaneously.īut Binance and its CEO, Changpeng Zhao, face additional charges of diverting customer funds - concealing the fact that it was commingling billions of dollars in investor assets and sending them to a third party that Zhao also owned.Īs a result, the SEC asked that the assets of Binance's U.S. law by operating as an unregistered securities exchange. Under a consent order filed Saturday, the defendants in the June 5 lawsuit agreed to repatriate all assets held for the benefit of Binance's U.S. Securities and Exchange Commission and Binance have reached an agreement in court that lets the world's largest cryptocurrency exchange continue to operate in the United States as it battles SEC fraud charges.
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