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Where is Binance banned?

Published in Cryptocurrency Regulations 1 min read

Binance.US, the separate exchange designed to comply with United States federal laws and serve customers in the U.S. market, is currently banned in six states.

Binance.US Restrictions in the United States

To operate legally within the United States, Binance established Binance.US as a distinct entity. Despite its design to adhere to federal regulations, this U.S. counterpart of the global Binance exchange faces state-level prohibitions. Users in these specific states are unable to access or utilize the services offered by Binance.US.

The states where Binance.US is banned are:

State
Hawaii
Idaho
Louisiana
New York
Texas
Vermont

These state-specific bans mean that residents within these jurisdictions cannot open accounts or trade cryptocurrencies on the Binance.US platform, reflecting the complex and varied regulatory landscape for cryptocurrency exchanges across the United States.