Binance Gives US Users 14 Days to Leave Exchange

Binance Gives US Users 14 Days to Leave Exchange

Gate Trade News Tuesday, November 24, 2020 71 0

Some Binance users in the US have received emails giving them 14 days to transfer their holdings out of the exchange.

 

According to the email, if they fail to do so, their account will be locked.This is an escalation of earlier efforts to keep US users off the exchange.

 

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.