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The Fed has closed down exchanges in other jurisdictions in the past. Binance has US customers: This is a NO NO. Craig Wright is no fool and wants Binance out of the picture. Be aware! Maybe hell is coming to Binance: Use them but don’t hold your bags with them: Binance is Malta based but is breaking US Laws and if you think for 5 minutes that the US regulators are not going to take them out you are foolish: Wall Street need Binance and these rogue exchanges out of the way. CZ could do prison time! I would not want to be in his shoes! Binance could be deemed as a money launderer and a tool for terrorism. US regulators and law enforcement have Binance on their radar and will make a move! Opinion!

I cannot imagine that Binance will close their exchange, because it is the biggest, the most popular exchange with the largest trading volume that is not faked. The can ask US customers to close their accounts, but nothing more.

Binance operates its licence in Malta. So why should that affect it? With its innovation and security, I don't think Wright's whining will do it any harm. BTW, if push comes to shove the American customers might be asked to withdraw their patronage and that won't shake the exchange an inch. Binance is a strong viable exchange. I don't have any worries about them.

Every opinion is truth and error is not fully then to be vigilant it must still be there because it is disappointed that it always comes at the end not in front, and many traders who use binance only to seek profits not to save their balance.

Binance is not like any other exchange around. Balance is a top exchange and has been around for sometimes now so I really that if it would be easy to close it down so fast and easy

As already said, Binance has its HQ in Malta. It has to obey by the laws of the European Union. So, no problems there. I'm not a fan of Binance though. It is too big and at some point it could pose a problem to the entire crypto sphere, much like Mt Gox was in the past. I'm rooting for decentralized exchanges to replace these centralized monsters.

things that in my opinion never happened.  just imagine thousands and even millions of dollars in binance, is it possible to close binance, soon the BNB will make the blockchain itself and that is good news for binance and BNB investors

You are underestimating the power of the US. They caught the CEO of btc-e.com in Greece and shut down btc-e.com.

USA basically owns every .com domain out there. If you commit a crime while using a .com domain they can find and jail you no matter where you live.

Binance uses a .com domain. If they find out something fishy about them, USA can indeed shut binance down.

Yeah. Binance will get closed down soon but as you know that there are so many reasons on why, but i think the recent information is just a drama.

Exactly mate,nothing can hide from US as long as you are violating their laws they will hunt you down and will make you pay for your violation
I hope binance can make this things clear and prevent from accepting US citizen to enter their business as they are one of the most potentially among the exchanges now to have a bright future

Craig Wright will never stop to get revenge from delisting His coin from the binance platform

When those US people that ignore any rules and agreement that has already created by binance and that means if they are trading in their own risk? Binance can create awareness for that but US people has hundreds way to rome.

It seems like a fud.

I don't think there is any possibility for binance closing down. So just stop the fud.

The reply to this is correct: People need to understand Binance is violating US Laws: To call this FUD is irresponsible and shows lack of understanding!

Then people should also be scared of something fishy going on with Coinbase, Kraken, Bitfinex, etc, since they all use .com domains. Truth is, it's very unlikely that these big exchanges would ever do something "fishy", they know what happened with btc-e, they won't perform a money laundering schemes or any of that, these guys are smart (unlike the guy from btc-e), stakes are too high and it's way too risky when you're operating a multi million dollar business.

I do not think about it to happen. Binance has a thoroughly professional team to handle such kinda threats. Craig Wright would lose his motive here for sure.

This is a FUD and I feel you are with Wright to have come up with such submission. Binance is not in the USA. If the US government don't want their citizens to trade with Binance anymore, US citizens can be given a time to withdraw their fund and the exchange continues. More so, I have not seen any wrong doing by Binance. To delist Bitcoin Satohi Vision is their exclusive right and they own no one no apology for that.

I found this difficult to believe that.

But i was surprised with last giveaway or should i say lottery from binance they are running together with maticnetwork as they want you to perform KYC to get a lottery ticket from launchpad.binance.com.

Is this statement only to make us fear or watch out?
Binance, I think one of the best and biggest exchanges in the crypto world. Can it close down? If there are no very crucial and big factors, it will be probably impossible (although we cannot predict what will happen tomorrow). Many people consider that Binance is the trusted exchange and be number one with its high security, trading volume, traffic, and others. If it is closed down, it will really influence the other exchanges. I cannot predict it will be okay or not.

You are asking for opinion, I guess this is just FUD since binance is really succeeding its way, many more expected news to comes up against them, but for our own safety we also need to consider facts that can happen along the way, if the US government intervene with this platform there's no such ways to prevent the rulings of this superpower country, be very vigilant and make sure to be well informed from time to time.

I also can't imagine that Binance will get closed by US laws, i think this is Binance side and Binance work is transparantely and will not get closed in my opinion.

Binance doesn't trade fiat currencies, does it?

The UK can only close you down if you are trading dollars. Btc-e for example was an unlicenced exchange using dollars.

This is impossible because Binance is not registered in the US, Binance may be banned in the US by the Fed but it will still operate elsewhere.

Binance has grown beyond the limits of someone bullying them around
The customers are amass
Even insurance plan

Not to mention connections and partnerships;
Bchsv delistment is a global warning no to mess with binance

sorry but which FED are you talking about? If they want to shut down binance just as you said they shut down other exchanges,  they would have done it before now. Another question is, is binance in US?

Stuff like that really makes you think about the amount of power the US holds over citizens of other countries.
Sucks to live in the US and not be able to just use any exchange, like we in Europe do.

An American buddy of mine is always complaining to me that he can't really invest in most ICOs legally.

If Craig Wright becomes the new governor of Malta then yes he can close down finance. Can't see it happening myself but you never know what his ambitions are

everything can be happend
but, in my opinion binance will not closed mate, just my opinion  ;)
and absolutely right, if all of us didn't hold our bags on any exchange, not only binance my friend
we should store our long term hodl in the safest wallet

Closing binance will have major effect on the cryptocurrency world. It can cause a major upset that will affect all cryptocurrency prices as it is the number one exchange for trading currently. I can't see it happening to be honest. Binance isn't under the jurisdiction of the USA so closing binance is a dream.

This is an attempt to spoil the reputation of Binance. Simply put, fud.
This exchange has become so strong in crypto that it can only be killed from the inside.

Very funny, we all know the brains behind binance exchange, they are no newcomer to cryptocurrency, the CEO was a early bitcoin investors, and till date binance is the best and moreover U.S has nothing to do with binance

I don't see any reason Binance will willingly choose to close their exchange, as we all know currently Binance is one of the best among all exchanges, Binance had grown more than closing down this time.

why did you open a topic like this?

currently Binance is a world class exchange and the top exchange, why they want to close their exchange and why it should be closed while their exchange is at its peak.
and they developed BinanceDex Exchange, it doesn't make sense for me if Binance closes.
if it closes maybe need a long long time again.

Binance is actually growing and it remains the best altcoin this year in terms of performance and grow.  I have see new developments and the fed is not making any move against binance.  I think the cryptocurrencies market is been attacked by governments and financial regulatory authority but that do not mean only binance will be selected for shutting down.

I highly doubt it but lets entertain this situation. This would give the crypto space a major blow, but there are some legitimate alternatives that would rise up and try to fill the major void left by Binance. But nah, CZ knows what he is doing.

Binance will live and today I already understand this, because I see how quickly and rapidly this project is developing and how the main developer behaves very competently. I see that there is great success in this matter.

Anything is possible as long as there's enough money and power involved.

No organization in the US, not even Congress, messes with the Fed. Because nobody messes with private banks.

So if these folks decide to wage a war on crypto, it's going to be ugly. It could include attacks on exchanges as well.

Bittrex now has a International version made for non-US customers. So exchanges always have a way to comply.

The binance exchange is one of the biggest that exists today and for closing I think this is the wrong thing because until now binance has continued to grow and more and more attracts cryptocurrency enthusiasts

There's no way that they are going to close down Binance especially with all of their recent announcements of partnerships for compliance both AML with ciphertrace and KYC with Identitymind

Binance is one of the most authoritative exchanges, and any negative impact on it will have the worst consequences for a very large number of traders. It is not enough to believe all the rumors about Binance, but the possibilities for the United States to influence the situation are certainly great.

I doubt if that'll ever happen although anything is possible, that aside binance is among the best top ten exchange in the world.

BTC-E got seized and taken down, It is a reminder it is always a possibility. It would also be devastating for the price of bnb but that aside.  It are the risks of using any exchange.

I can't imagine Binance disappearing. It is a top 1 trading platform in the world and I have a very high price on it. And if binance can disappear, there is no reliable exchange

I don't understand why binance will close, is it even realistic. It is most popular cryptocurrency exchange platform with great and awesome volume. Binance has a lot of investors already and I doubt if they will close any time soon.

Binance is registered and has headquarters in Malta, so they obey the law there. Unless hacked, I think there is no reason for them to close. With the status of the number one trading platform today, I think they will continue to maintain it.

Clearly your worries are not enough for any right thinking individual to see Binance exchange close down becasue it's not licensed under their jurisdiction but could only instruct her citizen not to keep or do any form of business with the said exchange. If this be the end result from America government, believe me Binance will still stand and survive.

With Binance every legal measures were met and has been fulfilled. What's more required than this, the progress of Binance in comparison to other exchange seems to be very big. For this reason some could have come up with such statements to create fear among the common traders and make them move towards other exchanges for their trading needs.

Hmmm.... Binance has done no harm than to delist Bitcoin satoshi vision and to allow registrations and trading by US citizens. If The Feds are concerned about their citizens they can simply prevent them from trading on binance and can ask binance to stop registration coming from the United States, while old participants are given time to withdraw their tokens and close their accounts

every exchange like Binance will be closed down sooner or later, it can happen by a government kicking their doors down or it can happen with a hacker emptying their wallets or the most common case is where they scam their users themselves.
but there is no way you can predict when that is going to start happening. only thing that you can do is to see the signs and get out if you are lucky.
it will not have anything to do with the shitcoin known as BSV though.

I don't see why Binance will be closed down because it hasn't done anything bad. Binance has registered and its legal so there's no way binance will get closed.

I don't know why anyone n earth in the crypto world should have such thought in his or her mind, I believe that binance will stay as long as crypto stay.

i believe that legal base of binance is in China then out from the jurisdiction of the U.S.A, the only thing perhaps they will close the accounts of the American users

I see no reason for this. Of course, this alignment cannot be ruled out, but there are no fools working there, they are well aware of the realities of the current market and its dangers. Obviously, there will be many attempts to bring the exchange to its knees, but it will not be so easy to do.

I'm not sure that Binance exchange has us customers or other countries customers but although Chinese exchange so of course has Chinese customer. How people think that Binance get close down, already started lots of features in Binance coin blockchain.

I am not sure Craig Wright has such Federal powers in the US and asides that, Binance and its CEO Changpeng Zhao has not committed any fraud against the regulation of SEC to the best of every one's knowledge.

all exchanges will definitely be closed but now binance is at its peak there is no reason to close it ,It's just a rumor if you see it on social media ,we are advised not to put all your assets too long in an exchange ,so there are no accidents when the exchange closes

I think you shouldn't open this subject in the first place.. When someone reads this topic, could think about Binance in very bad ways. As all we know the Binance is the biggest and most strong Exchange in the cryptocurrency market, it has almost 1 billions of dollars 24 hours volume. Also the BNB coin is keep raising and became one of the best altcoins. Also i am keep buying BNB coins because i believe in them.

That FED is no more in the picture, does not mean that Binance will be affected. As a matter of fact, that will be a hard thing to happen.
Well, they might be sanxtioned and be made to pay some amount of money. I just feel Binance should be more careful in  future, because a lot of investors have come to trust them.

Binans has long been doing everything to ensure that law enforcement agencies of the United States of America have no complaints about it. That is why it is forbidden to participate in an IEO for people whose countries are under US sanctions.
I am sure that Binans is doing everything to stay within the framework of US law.

Not sure that can be, binance have goes big than disappear suddenly they'll will rather change what doing and choose what's related. And moreover keeping your assets in there is not safe enough as it's exchange even though no where is safe online anymore.

I am sure Binance is doing everything  according the US regulations and Binance wont`t be closed in the US. It is the most popular and  trusted exchange. If we compare it to coins Binace is equal  to BTC.

I believe Craig Wright alone can't do the miracle of shutting down Binance just like that.
A big exchange like Binance have their own legal team that will make sure that they are following protocols especially US laws and regulations.
With the continuous whining of Wright, it just shows how he turned out to be a laughing stock in the crypto community.
Are we expecting another drama from his end? When will he gonna stop all his media stunts?

Always remember this to all exchanges ans web wallets. Don't be so sure to keep most of your funds where you don't hold your private keys.  You should keep your coins somewhere that you also keep the private keys to have control on it.

The fed should first give warnings before they can close it down, if there is a violation they should be fine, but not close at once, we are talking of big business here, it's not the way how it works, and besides, the violation is not that so serious for immediate closure, there should be hearing first.

I dont think so , binance is one of the largest exchange. they will stay forever

vpn time!

I do have strong beliefs that Binace will not be affected and will not closed down. Not even I imagined that they will become weak for any issues. They had a good reputation and that wasn't easily build. I guess, there will be a solution with that American customer issues that Binance will take care of.

Anything can happen with any kind of stock exchange. No one from this is not insured. It's really possible to be a fake news. We must grow up and we must be safe and not keep all their savings on the same exchange or wallet. Just fold eggs in different baskets.

If The Fed ban Binance, its only for US Citizen and right now binance already operate in many country. I think we should not worry because crypto market or exchanger already regulated in several country like malta.

Yes, Binance really becomes some kind of crypto-monopoly giant. However, I think that it is impossible to just close such a giant.

Binance dosent have anything to do with US because they don’t operate from there and also they have there license. The team thought of this in time past and made all corrections to what could lead to this. Binance won’t shut down because of Craig and they are not doing or violating any rules so for now they won’t shut down.

I respect your opinion but I steongly disagree that the exchange itself will be taken down. Yes there are US customers but I think binance staff have think about this already and they are steps ahead already with this issue.

Binance can never be closed.
And you should watch your words and do some research before saying anything about any reputable sites or exchanges.
I mean many people's life rely on that exchange who choose trading as their main profession.
Also you need to understand when does a site closes or what are the circumstances that can led to the closing of a reputable site.
Hope you understand now.

I think Wright's is once again trying to influence the crypto market with some whining.
and I agree with you, bincane has been tested quite strongly in crypto trading. so I don't think it will have a big impact if what the OP says will happen

Just another sad action from Craig, it's totally not true and binance wil never get closed down imo. Binance base is not on USA and also with the current BNB price and big volume trading, binance will never get closed down, i even think binance will become more popular in the future.

I can't just imagine this information, if the Fed has closed exchanges in the past because of some legal reasons does not mean they will close binance because of Craig Wright. I know binance must have made some mistakes but that's not enough reasons

binance can never close down,binance is still the best exchange so far. i prefer binance more than any other exchange because i know my asset is save and secure.upcoming blockchains always love to get their coin listed on binance too but because of the fee most of them cant cope and they will list on cheap exchange an later the coin will become shit within a blink of eye. so binance is still the best so far and i so much love the exchange  

Binance is more popular and trustful exchange nowadays. It is very doubtful what it can be closed. I believe there are a lot of good lawyers in Binance which watch out for exchange to works according all legal regulatory and have no problems in this field.

To be honest, I can't believe it at all.  Because it is impossible and no one needs.  This is specifically made such news.  To all worried and more PR whether.

Of course, these are just rumors that are created to ordinary people, who understand little about how the market works, start to panic

I doubt there will be a disaster on cryptocurrency industry if this ever happens. Just imagine an exchange, a high performing exchange listed on top among the exchanges shuts down by the outside group, that would be problem for most of the trader having Binance as a main exchange. Perhaps, Securities and Exchange Commission could really come after the binance however there will be a great adjustment like time for all user withdrawal and some retail cryptocurrency brokerage firm will be affected like eToro (https://www.etoro.com) and Bittreo (https://exchange.bittreo.com/?utm_source=ccexchange) since their spot pricing depends on binance. However, this matter will be in deep study by SEC and as i have said Binance is a great performing exchange compared to others under safe and legal standards and shutting it down will be a great loss for them also.

I think if binance delist BSV is binance right and i am believe before delist BSV, binance already consult with their lawyer. Beside that, Binance is regulated exchanger in many country and i think The Fed can not close binance.

You are a fool: Wall Street want Binance closed down: The US can close them on a money laundering and terrorism basis!

that's almost impossible in near future, because binance is the top of the market and the services also at it's best.
So people will just trade in binance will all those qualified coins, because it's not cheap for a coin to enter binance.

I do not think that it will going to.happen to Binance that easily. There might be some exchanges that will be closing down due to the fact that they are faking volumes on it to attract more users to use in their platform or.exchange.

Binance os one of the best exchange and I have seen a rank on exchanges to which Binance had almost taken the half crypto market cap.volumes in total compared to other combined exchanges.

What planet are you on. Binance is illegally serving US customers!

More so I don't  think binance will disobey and indulges in any form of illegality that will warrant it closure by the US government they (binance) will operate within the sovereignty and control of the US government that is if they are allowed to operate there,  to avoid any sanction however its very advisable to always hodl a large chunk of coins in a hardware wallet ie. bulk of the coins shouldn't be hodl in any exchange despite the credibility of that exchange because exchanges are liable to hacking nowadays.

I think this is very bad, if this is true there will be a regulation on binance and some of the existing exchanges regarding cryptocurrencies, prices will likely be pushed down, according to fundamentals there will be more sellers than buyers if viewed from trader psychology.

Holding Binance coins is risky!

will it affect the BNB market in a comprehensive manner? if good coins will certainly have good regulation too. now BNB is arranging their projects as they want. if it is in demand by the market, nothing will happen.

Binance has a possibility to close down for being operating on US. But, Can't they just move other country? Also, if they pay tax to the goverment, I don't think they will be forced to shut their operation down as they will give extra money to the goverment. So my opinion, it's possible but not now, maybe later if Binance has a financial problems and not the most favoured exchange anymore.

This is insane what are you talking about? Are you starting with a FUD? where did you get that stupid idea. US SEC has no jurisdiction with Binance, First Binance is not registered in the US second its operated in Malta and Malta has own friendly regulation about Blockchain base Industry. and I think Binance is a AML compliant Exchange and then why did you say its a Launderer and tool of terrorism, "Breaking with US laws-  Malta is not US territory so US cant do anything except US base traders will be ban or prohibited of using Binance if that happen.

Because of their launchpad program they are very much stablize in the marketplace. When there any new tokens from the IEO automatically their own coin BNB raising in the marketplace.
That too other exchanges giving low rate than binance so price also increase because of demand and supply theory.
My opinion it will not fall down completely.

So it means no more crypto exchanges on US jurisdictions?

I don't see any news about this around the forum other than this thread,if this is yes then whole trading section will be in chaos now.

Any exchange can get close down, it depends on the issues will happen. Now in Binance, as far as I know this platform
was always listed on top 10 exchange at the coinmarketcap. So, it never come into my mind that things will happen.
And if ever that happen, for sure the market of cryptocurrency will get affect by it for sure.

Typically newcomers are using the Binance trading platform. I don't think you should post this, it will have a negative effect on users

I don't think it will, imagine if a binary exchange is closed down.
I think bitcoin will be destroyed and the altcoin will be more destroyed now.

As I know Binance is based in China. USA do not have rights to ban Binance for the whole world, but they can disallow Binance to provide services to american people. :)

Binance cryptocurrency exchange really knows exactly that there are definitely US citizens who use their platform for their crypto activities and they would try as much as possible not to violate any of the US laws which may call for sanction and a possible shut down. CZ surely knows what he is doing.

I don't understand what you man by binance getting closed down, but as it stands, that's about the best exchange in this space, if you made this post because of regulation issues, then I might understand. But so far I think Binance has been very adhesive in terms of regulation and all. So I don't really seem that happening

In the past, the exchange has already moved its headquarters twice, due to the onslaught of regulators. Binance is now officially located in Malta. But I do not think that this could prevent the US regulator from eventually closing it down and this will have consequences. Everything's possible.

Binans is a very large exchange for today,with quite serious capitals and plans,it will not be so easy to close it,even if they want to,so it's definitely a pitchfork on the water drive,I'm sure that everything will be fine with the project,and the price of the token will only rise up and up

Binance is not operating in the United States though so why would they be affected by a US law?

This is not like a Pablo Escobar thing that US would extradite criminals from the other countries to extent jurisdictions and abide their laws

I remember that too,they needed to transfer their headquarters to facilitate much better without any intervention with any regulatory, binance was already a big business they will surely protect what they've already been established.

right, binance is not owned by America so I'm not afraid Binance will be closed.
I am sure if Binance has many fans who support it so it will not be easily destroyed.
many lucky countries after adopting Binance.

Well, if this project is experiencing such problems. That and any other large cryptocurrency project can close. I do not think this will happen.

Every opinion has some thought behind it And de must give proper respect to that Even if we agree or not.in this case also you must hold the coin on different exchanges to minimize this risk.although binance has its headquarter in Malta so european unión must have regulation to control it. So be safe always

Binance is currently top 1 cryptocurrency exchange in the world and it has many lawyers who analyzes the regulation rules in order Binance meet them. I do not think we have anything to worry about.

You must be a Craig’s loyalist for saying this horrible thing about Binance, even though Binance has US customers but I am not sure they are the majority or the stronger community backing Binance, after all, they are not operating within the jurisdiction of United State, if their present country of domiciled who are crypto friendly does not close Binance down, I don’t know what influence then FED will have.

If they are even to start with, it wouldn’t be Binance but other exchanges with bad records and not an exchange that is carrying out its duty diligently, this might just be an assumption and I doubt if it will ever happen.

Maybe so, most likely there is some kind of technical work and they usually warn people about it, but I think that very soon people will think wrong and most likely nothing bad will happen. Although many exchanges today have already shown their faces.

Why it is possible it always going with a good flow in all the time show the possibility of closing is not been available for my opinion to binance and it is one of the good trusted exchanges I have used lots of time.

binance is a big and popular exchange today, of course they will continue to fight for it, but indeed if you have dealt with the USA then it will be difficult to fight. all will negotiate and negotiate to get a good way

As far as I know, binance has not failed any law for the federal government to shut it down. If you think that binance will be shut down because of Craig Wright then youhave the wrong thinking

Binance will not fall, I do not think that Malta will drop the exchange that has brought great fruits and benefits to his country !, the one that will fall is Bitfinex and Tether that have been sued...

First of all we can't predict what is going to happen tomorrow or after tomorrow. So It's very hard to say that Binance exchange will go down or not. But I personally don’t think that Binance exchange will go down. Because It's a very big exchange and Binance team will hold it in their hand.

Binance is a Chinese company with offices on Shanghai, Hong Kong, Tokyo and Malta. Though they'd try everything to get accepted in fiat money transfers worldwide, they'd never step down under any pressure from US or European authorities. Though it may hurt their business a lot, Binance still has a huge volume coming in from East Asia.

I can not agree with you because Binance is one of the largest exchanges at this time and capitalization shows that the exchange is making progress and I think if a problem arises in the legislative plan it will be solved as soon as possible.

Regulation issues are the biggest threat against the main idea of free trade based exchanges. The volume will go down significantly and this will be the ned of crypto friendly exchanges.

I don't know what brings you to this conclusion.. but as for me the least the United States can do is prevent it's citizens from using binance.. they can not close down the exchange nor arrest him

Binance is really proving that they will be one of the most influential companies in the crypto market today. With slow and steady steps like step by step creating the fomo IEO, next is Binance DEX. I believe Binacne will soon IPO in the future

I do not see the possibility of this at all. Binance get shut down? Hmmm.. That will be a very big blow cos binance is considered oneif not number one trusted exchange in the crypto space.

I don't believe that such a thing can happen. Of course, the fight against terrorism is a weighty argument for sanctions. But I think that an exchange like Beenans has a strong team of lawyers.
It's possible that the develops to its own network will make it more difficult for regulators the control over the traders, and this is the reason for this negative news.

I agree with this comment. Binance is already too big to fail. If US customers do use Binance, then the USA will not consider inflicting so much pain in this market full of Americans.

I have never see that threat that is strong enough to pull Binance down, except it is a  decision that will be made by the CEO to do that, they have not defrauded people, they have not seized their money, they have added more value to the life if their users than the users have to them.

So many traders are making more money now in their trade because of the low trading cost they have, I think all these negative news about Binance is strictly emanating from other exchanges that are jealous of Binance because of their inability to perform well, there inability to perform well should not be picked on Binance but they need to amend in their operations.

Binance got its license from Malta right so how can it be a threat to US? I can't even imagine Binance closing down for any reason owing to how far it has come in order to create a better world for cryptocurrency traders and investors.

No it won't. Come to think of it, Binance isn't based in The USA, so how can it closed down? Binance has contributed a lot to the crypto space that a mere threat will shut it down. The question is, have they broken any law? No.
Binance will keep looking for ways to attract more users at the same time upgrading their platform

someday there will definitely be a binary period will experience pressure and will fall,
because all will not last forever and everything will be replaced as time goes on,
that's why we shouldn't be arrogant and always humble,

I think Binance is still far off from closing it services and this exchange has its own license and its the well known exchange i think it will not happen :D

With the prevailing mindset of the USA SEC, it is not quite remote that they can bludgeon on Binance for grounds of doing illicit business in USA. Of course, Binance has all the means available to fight back this disaster. I always believe that Binance is keeping an open line communication with the SEC on this matter as they can never allow their name and reputation to be tarnished just to be continuing business in USA...and Binance can easily sacrifice this share of the market anytime. Binance must have compliance all the time in check making sure that they are following the guidelines set by the government.

We don't believe Binance will be closed, this makes a lot of pros and cons. Almost all think positively with Binance and hope that Binance can provide good service. We are following developments from Binance and this certainly still has good room for Binance with US government policies.

yeah, it's a shame if binance closed.
i think it will not be fair and i agree with your thoughts. i think it would be better to ask US customers who close their account than to close the overall binance.

but isn't this just fake news? i haven't seen the news. did i miss the news?

I believe that binance is a registered exchange and cannot be closed down unless they break the rules of the fed of the country they are based in, which I don't think they want to do, since a lot of funds would be lost if the exchange is eventually closed down, though anything is possible in the crypto space, and it's possible for the government of that same country to change their rules and regulation against crypto just to close down the exchange.

I dont think so. Because why ? Binance is a good exchange and very trusted by many traders in the crypto world.
Seems like there are many peoples who exaggerating and think binance as a threat.
As long binance keep their clients assets safe, fast deposit and withrawal, keep developing, then binance won't be closed.

I think there is no chance Binance to get closed down. It is apparently the biggest and the strongest exchance at the moment. So i think it’d be a disaster if they closed.

It is strange that today you are talking about Binance. I see that in this I really have success. I do not think that this will happen that way, most likely Binance will alert its users. Now it seems to me that people are already ready for the fact that Binance will go to those services - this is the maximum that can be.

He don't really understand that the whole Binance activity is to not get closed down in future, they're really improving their service for many traders/investors and people interested in some offers.

This is quite a frightening revelation about the possibility of binance been closed down by the US regulators. We all know how strategic the exchange is in the crypto market as it is currently the most reputable of all the exchange platforms. If binance gets closed down, it will create severe panic in the crypto market.

I do not believe the exchanges, I do not believe CZ. Sooner or later all exchanges closes.
It is best to keep funds in your local wallets.

I don't think CZ will let that happen in the first place and CW case won't affect what they were dealing with Binance. Binance is a reputable exchange if ever that would happen i think CZ already planned what he will do if that's the case but i don't really think that it would come to that point where they would shut down their exchange.

Looking at the team at this time I am sure Binance is the biggest exchange, the daily transaction volume of more than $ 1 billion certainly makes a big profit for Binance so I do not hesitate to save my crypto assets at Binance.

It is not about the security of binance,the legal issues cause binance to close down or not.

I don't think binance is going to close even if they were restricted on their juridiction they will create it from another country.

It hard to believe that Fed can close binance because it not US-based and US laws has no jurisdiction on it. The only ones that will be affected if the Fed decided to ban one of the biggest cryptocurrency exchange are the members that residing in the US. Binance has more members in Asia and other part of the world than in the US so it won't get affected by a possible closure.

I also think that the market of Asia and Europe is much larger and the Americans will compete with Binance for these markets. We'll see how this ends soon, I think, Binance will be the main exchange.

but binance market is not just in America, asian is a big market for binance, now some exchange like bittrex are partnership with bitsdaq for targeting user in asean, it's afact that the biggest market is in Asia not America

I can't imagine that Binance exchange will get close. Cause we know that Binance is one of the most popular and big crypto exchange in the world and I think this exchange will remain good in near future.

I think CZ all planned in advance when Binance relocates to Malta. Binance now has their own DEX and maybe it is a plan "b" if something goes wrong. But I think they have everything under control.

yes you're right law in USA is not affected binance because binance office is not based on america but in asia.
that's any regulation from fed can affect binance business, and as you say Binance has more member from asia not america

Your right. They have a lot of licenses and registration. They are one of the biggest company that promotes bitcoin and other cryptocurrencies also they are centralized. Binance for me is just starting they will improve more and they will contribute more to cryptocurrency.

Yes, they are the biggest exchange for the moment.
Volume is high and its like they are the predictor of the market and for some altcoins.
When a new altcoin listed there, expect that it would be pumped.

I also think Binance is the best among the exchanges.  She has so many users.  I think that she is only at the beginning of her journey and will not think about closing.

Did you get this job from Craig to raise FUDs? I seriously meant that.
Binance won't get closed. But the question is holding funds in an exchange wallet, its a big NO NO for any exchange not only Binance. Why would anyone hold their coins in exchanges where most people seek solutions like a cold wallet?

I believe that such a large-scale company will not close in the near future.  It is simply impossible.  A large number of investors cooperate with it.  She is the best in her field.

I do not see this as a reason to warrant the closure of an exchange as Binance, no it can't happen. Binance has worked hard to get to the position it is now thereby having large users and investors, so it's practically impossible for it to close down.

lol that argument
"binance is like no other its the biggest exchange"

i was witness when MtGox got bankrupt "the biggest exchange" at that time
i was witness when Cryptsy got bankrupt "the biggest (altcoin)exchange" at that time

its not an argument!
Also "the biggest doesnt count anymore nor is it true.
There is so much competition only one-digit-% differences so the term "the biggest" has no true value anymore

At the moment BitMax is the biggest by 30d Volume
https://coinmarketcap.com/rankings/exchanges/

I don't see it happening but anything can open in this space and the truth is that Binance can't continue to be number exchange in the industry for life so let's not worry about this, let's keep calm and watch how the industry keeps evolving.

Your question is quite political with very serious conclusions.  With regard to the exchange of cryptocurrency BINANCE, we can say that things are going very well, because they let us know about it.  Perhaps there are problems that are not mentioned.  Is it possible to eliminate BINANCE.  It is impossible to completely eliminate such a development of events.  But lately the BINANCE exchange has been showing a lot of activity and development, most likely the disagreement with Craig Wright will be resolved in the near future.

the possibility exists so we have to anticipate the worst, but in my opinion, the possibilities are very small because Binance has developed well and has a large community so it won't be easy to close.

I don't this this prophecy is one that should take effect now. Binance is such an exchange that have put precuative measures in place to wade off evil such as this one . Am sure, CZ and his team isn't afraid at all.

Binance is a well-developed exchange and I don't see lapses in it. I guess there's no enough reason for it to close down.
It's even on top of the list exchanges with a good reputation.
As for me, controversies can't affect it because it offers promising services.

And how Binance is breaking US laws? I do not think that such big exchange is not in accordance with regulations and law. Please tell us more.  :)

Binance already had problems before, and changed HQ few times.
With US problem - might just close exchange for US customers..  ::)
Now I believe is Malta, and had some problems as well.
I can't believe that it will stop Binance, most probably will change HQ once again, to some more cryptofriendly country. Don´t worry, Binance going to stay, at least few more months  ::)

Such a strong and powerful exchange as Binance can not be closed.  It is used by a lot of people.  I do not think that in general it is possible to take and close the stock exchange that feeds everyone.

I doubt the Binance exchange will close because the company is run by smart people and I think they will find ways to settle the problems.

For what i know Binance is a strong exchange to be taking out of the picture just like that They have an established Ecosystem loved and supported by the community which is enough to protect such exchange

Those news are just a kind of FUD's. Definitely won't be that easy knowing that Binance have established well in the heart of cryptoners.
Craig Wright maybe have plans to create his own exchanges that making Binance out of the competition and spreading false news in order to destroy image of that certain exchanges.

No Binance will not get shut down out of the jurisdiction.
This is a case of the US traders need Binance and Binance does not need them, they have a global reach.

Binance still has many users, this will not affect US trade, this road has many differences. Binance will keep moving and US trade will run on its own without damaging Binance. The Binance community will use it as it should and will stay alive.

i think they will  not close down.. the fact that they change their head office to another country as they want to continue their business.. they move to malta as malta is open to cryptocurrency

Agree with your line "Don't hold any coin in exchange" that can be true if Binance will shuting down because Breaking the law But don't panic and hurry up. Trusted company like Binance Wouldn't take all of funds from costumer I believed that.

Always have a concrete review of facts before posting. Binance isn't based or licensed by the US government they're licensed by Malta as such US government cannot wake up and close a company outside their jurisdictions without Binance violating any of us laws.

Binance is used by the professional and newbie traders, there is no concrete reason to shut down the biggest crypto exchange. Generally, Bittrex lost its reputation a while ago and Binance replaced the Bittrex.

I doubt Craig has what it takes to plan out any major revenge that may harm binance. The guy barely has wit to save himself. And even though the long hand of US is every where, they know squashing binance is going to cause some unsavoury results

so was MTGox..

Strong exchange that will backed up by big business behinds is not that easy to be shut down, not unless powerful countries of businessman will
do their dirty ways to achieved to close down a good and profitable exchange, the power of money should also be taken place as it can moved
anything if the price is right.

Yes, there is a chance, but it is low.

So be careful. Just hold your token on your wallet, should be better in a cold wallet.

How possible can this be, if binance should be closed down, I can't imagine what will happen to people, thanks for the heads up but am not really sure it will come to that

there are no any signs that Binance will be closed. the company has a great compliance branch that follows all the laws.

Binance is the greatest exchange market right now where have many investor have much asset of bitcoin and altcoin there, by the way I think the future asset is Binance and will more exist for long time.

It would be highly surprising.

It's the top crypto platform, they do everything they can to keep their US customer base.

This is why there is a great danger of using a single centralized platform. Binance is not only CZ, but lately there have been a lot of different charges against it, it makes me wonder.

You can not be sure of everything, you all understand and I think that there will definitely be the same here, in any case, it will be better to deal with security, which will be very extensive, as long as there is none.

So long as Binance is not having its headquarters in America, it will be difficult for the American government to close it down. The worst they can do is to order all American citizens to withdraw their funds, which will not have so much negative impact on the Binance exchange

They making move to Malte for removing complicated regulation, especially from US. If by any chance US got their hands of Binance, Binance will just don't accept US customer then.

But i don't know, if US really make binance opt US customer, it's a bad sign..but then again people still use BITMEX with VPN.

I do not think that Binance will get closed down especially with all the recent public announcements of compliance partnerships with cyber security firms like ciphertrace.

Of course, do not put all eggs in one basket. And main thing do not use exchange as a wallet to keep your coins.
There are a lot of safe alternatives to that, be smart

If i remember correct they  moved there headquarter a few times already, With the rules getting tighter around the world they have to give inn on the long run to keep the place running.

Absolutely any exchanges can be blamed for money laundering only for the reason that cryptocurrency wallets are not tied to specific people or campaigns. In general, cryptocurrencies were created by anonymous, and who does not like it - can not trade them.

Your opinion is just a pure FUD,  there is no point of originality from it,  it's just a guess work from u,  Binance can never be down,  Binance is not Poloinex or bittrex that the US government can clamp down on, take your  FUD opinion else where,  Binance is gonna keep going on strong

Well, I don't really trust this exchange either. It tries to conquer the entire market and dictate the rules to the developers. I especially did not like that they decided to run their blockchain. Take care of your money, this exchange can repeat one sad experience of one exchange.

I think it's funny that you really think that someone who has taken all the right steps for KYC and AML processes is going to get shut down. Their recent partnership with ciphertrace is a pretty sure tell way that they are doing everything legal and legit

Binance has obtained legality from Hong Kong and they have invested heavily in servers, offices and so on, I'm sure Binance will continue to exist as long as crypto is still in use.

Come to even think of it, Binance has moved their base to Malta that is more crypto friendly, and I don’t think US will be able to influence any decision Malta has made to accommodate them legally.

This move on Binance is just a way to bring them down and break the monopoly attribute many people claim that they are exhibiting which di must confess that I have not seen one, I am not being biased, it is just the truth, I don’t think Binance has gone out of their limit, Binance team are too intelligent and humble to break the law, so US are the ones that need people like Binance more to add value to their economy.

me too, Binance is a miracle, in my opinion. every new coin that successfully enters the Binance list will definitely Pump. I really hope Binance can survive even when US government intervention gets stronger.

I think it's all yellow press.  Just PR that should be.  I think nothing will happen.  Binance will continue to evolve and grow in scale.

Any exchange can be accused of money laundering and fraud. They all do what they please, cheat, wind up trading volumes, do not follow the flow of money. However, at the moment it does not scare me.
Cryptocurrencies are outside the law in many countries, so the exchanges will be in the same position.

Binance will not get close but maybe in the future, if  they did not upgrade their system or anything maybe it possible but for now I don't think so because they do their best or everything that binance to become most popular exchanges site in the whole crypto community. Wwe don't know if that's true or not so Im still be in Binance.

But now there is just a good opportunity to buy a Binance coin with a discount of 7-9%. I think that after opening margin trading, this coin can cost as much as 50 dollars.

This is something that everyone has to realize! Not only in online services but even in crypto itself. Far too many people are buying altcoins that are also under the control of one entity. I admit I even bought Litecoin when Charlie Lee was in charge but I'm glad he no longer is. The sooner Ethereum also stops relying on Vitalik Buterin for its future the better. Binance will of course never be owned by many.

I think if it is happen, they will find a way to resolve it. Like for other exchangers. Because until now, they still allowed US citizen to trade in them and they are not closed down. I talk about market that already open for a years like Bittrex for example.

This being under a single entity doesn't ruin the reputation when it is completely away from the single entity's control. One of the developer is Vitalik and the same doesn't mean the network is completely relying on him. Binance too the same, the continued development is the reason for the growth, now they're focused on creating their blockchain as well the decentralized exchange adds more value to BNB.

No. Binance will not get closed down for any reasons. As you know that there are so many traders now uses Binance to trade their coins on the exchange, I don't think binacce would do that.

I think that every opinion is a truth and a mistake is not entirely, so the vigilance must remain, not waiting because you are disappointed, I cannot imagine that Binance will close their exchange, because it is the biggest exchange, the highest with the largest trading volume.

for now it is not possible, I am not sure if Binance must close with this time soon. for whatever reason they must take into account the future of their exchanger.

understand US hammer can be thrown anywhere, recently Huawei staff was arrested in Canada on the request by US, and if US need CZ all they need to do is to tell Malta to arrest him and send him over to US. having said all this, one thing I believe is on the side of CZ is money, he is one of the richest guy in the space and can afford top lawyers to defend him, if Ethereum guys can lobby SEC to declare their tokens not  to be a security then CZ IMO can do better

I observe a practice with Binance. They are team of professionals and experts that are always on top of their game and often times, they think and work ahead of what is going on in the space. They've launched new innovations that others are now following suit. I believe if anything closing down is going to happen, they already see it and probably a backup solution is in place. As big as this exchange is, if it gets shut down, the whole market will be down. Am not ready for another long bear.

Apparently the binance will achieve good results, especially considering the current popularity of the coin.  But I do not like the fact that the administration will be able to control the funds of users and their accounts.  I am always worried about such moments when someone can abuse their position.

No. I don't think Binance will be closed down because it is backed by experts or professionals. Binance will make it in future. I am very certain about that and I'm going to hold more Binance coins.

It is possible if US sees and confirmed irregularities on Binance exchange.  If they have a solid proof that Binance commiting fraud to harm its client and/or US interests.  Being backed by experts is not a guarantee that you will escape anything if you are committing fraud or other illegal stuff.  With the case stated by OP, let us just wait and watch what will happen next.  It is better to take precaution than regret later.

Binance is supported by a solid and professional team, they understand crypto and also have great financial strength so they can make Binance great like their exchange.

Binance also have a fiat to crypto "Jersey "exchange , which operate in absolutely legal way . They are also working on creating a decentralized exchange that will function independently of servers and jurisdictions, so I don’t think they are facing a business shutdown

I am agree, binance already become giant industry in cryptocurrency and i think they already raise big profits from the start. Beside that, binance always comply with regulation and members asked to do KYC to prevent from money laundering

No, I dont think that Binance will shut down after this small hacking incident. Binance is well prepared, they have so many funds to compensate for that hacked funds. But if Binance got hacked 2-3 times again this year then its time for the new leader in exchanges.

I hope this is unconnected to the Binance hack of $40M. However I know everything is possible in crypto, if Binance closes down, it will not be the first exchange to have done so, though it may affect the larger crypto community but it will give way for other exchanges to thrive. However untrue this may sound, it is advisable for people to always have a back up funds. Do not leave all you have on Binance or a single exchange.

You will come to know about the truth when you check the user base of Binance. Just see how many people use Binance and you would come to know that it has the most users in the whole crypto arena. Binance is like the leading exchange in the crypto space and it is going to be the monopoly in the crypto space in years to come. How could it be closed or why would people want it to close?

I don't think so. It's one of the major exchanges and this is not its first problem. They'll find a way to get through this.
But on the other hand, maybe this time will be different?

Whenever they are proven guilty about that matter, I think binance can actually retrieve back their potential and reputation as they are one of the best exchange and that 7000 BTC is just a small glitch on their security, they have much fund to payback their investors and in that way, they can maintain reliability.

They will only be close if they will not refund the investors, but as their statement, they said, they got it fully covered.
Binance is still operational, though withdrawal/deposit is still not currently working (based on experience), so they continue to make profit and their SAFU funds will be funded again.

Binance will be fine, but if regulators get to them I can envisage they may be required to do KYC for ALL transactions (not just above 2 BTC per day).

If that happens... well I won't be using Binance anymore.

They have moved from Japan to Malta to get away from regulators as far as I remember. So I doubt that regulators can stretch their arms and force them to do KYC or at least requires users or account holders to do so. Unless Malta suddenly turns around, but I doubt that it will happen.

So for now Binance will not be stop even with this hack, they're too powerful now, if you hadn't notice.

They've got the business well Manage so for sure they will continue and proceed with business as usual, this hack might give them some doubts but after proving that they've got enough money to covered those loses everything will be back to normal and traders will begin to workout again.

CZ also said that it gave them a valuable lessons. So I think they have a lot of things to improved security wise and it could be a complete overall of their system. He also mentioned about getting some experts. So they are business as usual if they open early next week and allow the exchange to go back to it's normal operations.

Binance is a unicorn company worth well over a billion dollars. I get that they'll try to get back to normal operations soon, but most governments/regulators will do everything they can to regulate and get a tax slice of that income, and they'll use this security breach as evidence that more regulation is needed.

So I hope it will be back to business as usual, but eventually they'll be pressured to consider regulations. Even if they move their head office, they could be forced to abide by rules to offer services in particular countries.

At current exchange rates, the total worth of the coins that was stolen is well above $50 million, and this is not a small amount. I am not sure about the annual turnover of Binance, but I hope that their balance sheets don't turn to red as a result of this. The collateral damage will also be there, on top of the losses from the robbery. Now Binance will be forced to set up additional security measures and hire additional staff to prevent a repetition of such incidents in the future, which is again going to put a hole in their pocket.

I'm sure that you're not the very person that will stop using Binance if they starts to require KYC.

That's why many are still using them because 2 BTC limit for a non-KYC account is still quite good for a small investor. And with the recent hack, they are still good to go. Let's see on how they will return tomorrow and how people will act on it.

So it will be a continue mouse and cat game, ala catch me if you can scenario for Binance. But I don't think they are willing to be forced and abide by the rules.

This is how they built their company, no KYC at least for 2 BTC limit, which is enough for casuals and average Joe.

I'm not sure the user of binance will really leave their plarform just because it has scammed. I saw binance exchange has a power to make the user believe that this incident will be fine and everyone's assets will be replaced by him so as there is just a little maybe who decided to move their assets to another exchange although it will be usesless. Because there no exchange which have a high security until the hacker can't steal the asset on their platform. Each exchange has a gap to be hacked maybe just measure of time, but it will be good for some exchanges who has hacked because they will learn from that incident.

I'm not sure if Binance will get shut down--probably not--but I bet they're going to start requiring KYC info from at least their US-based customers.  That would suck, because it's the only reason I use Binance and not exchanges like Polo or Bittrex.  Didn't know they were out of Malta, either.  I figured them for a Chinese company.

On a related note, Binance has restored the deposit function, but customers still can't withdraw any funds.  I'll have a LOT more faith in them once they get withdrawals happening again.  I've got some coins on there that I want to move as soon as I can, and I'm not sure what the holdup is.  Binance sure as hell isn't being transparent about the reasons about that, at least not on their website.

Indeed i feel the same on that. When they run out of places [ countries ] to flee the forced kyc for customers its the same exchange as any that force you to submit your details.

Binance is not an exchange that can be easily closed. Every crypto trader knows about Binance and uses the exchange. This Binance may prohibit people from any country from visiting its exchange.

Binance is one of the well managed cryptocurrency company in this world today and they continue to expand and develop their site to suit their clients need so closing down or being closed down due to different reasons is unlikely. They experienced being hacked and they admitted it and yet their business is still running, this is one of the worst thing that could happen to an exchange site and yet they continue to operate. New sites are coming out and being launched but still, Binance is standing.