Binance, the largest cryptocurrency exchange in terms of trading volumes, announced its intention to stop serving US customers.
Binance.com receives approximately 20% of the traffic from US customers each month, which is two times less than in early 2018.
As a “consolation prize”, the company will launch a separate exchange that meets all the necessary regulatory requirements of the US market.
Changpeng Zhao, CEO of Binance, wrote:
There will be a few restrictions on https://t.co/9rMMAmtCxH accompanying this. But some short term pains may be necessary for long term gains. And we always work hard to turn every short term pain into a long term gain. https://t.co/gl1M1cwPYB
— CZ Binance (@cz_binance) 14 июня 2019 г.
A new ban followed the news of blocking Binance DEX customers for geolocation from the United States and 28 other countries.
Binance has already launched exchanges in Uganda, Singapore and Jersey, which support only BTC, ETH and BNB.
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