Binance Refused to Serve US users

Binance.com world's biggest cryptocurrency exchange began revisions in its terms of uses.
The Malta based cryptocurrency exchange announced on Friday morning that they are auditing their clients records and KYC (know your client) in the event that anybody got voliting their terms of of use then then they will remove deposit and trading permission for such types of accounts.

As per new term of utilization arrangement they are not ready to serve those clients who are from US.

In an updated terms of use agreement revised on June 14, the exchange’s general site notably stated that “Binance is unable to provide services to any U.S. person.”

Binance has given 90 days time to all users who are voliting their terms of use they can withdraw funds to another exchange. After 12 Sept. 2019 users who are not fulfilling the Binance terms are not able to deposit or trade on Binance platform.

Screenshot from web

If you look at the above picture It clearly shows it has max traffic around 40% from US. So what happens after this announcement.

Is it good for Binance growth or it will be a bad news for Binance mass adoption.share your thoughts and let me know in comment section below.

Thanks for reading my blog.

Follow me @ajks