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If they offer their services in the US, they have to comply with US laws. From the article: > The CFTC has alleged that "Binance has taken a calculated, phase
by dgellow 4y ago
If they offer their services in the US, they have to comply with US laws.
From the article:
> The CFTC has alleged that "Binance has taken a calculated, phased approach to increase its United States presence despite publicly stating its purported intent to 'block' or 'restrict' customers located in the United States from accessing its platform... All the while, Binance, Zhao, and Lim, the platform's Chief Compliance Officer ('CCO'), have each known that Binance's solicitation of customers located in the United States subjected Binance to registration and regulatory requirements under U.S. law.
That seems to be what CFC is arguing here.