Binance legally registered at U.S, does Bitcoin will get increase?

[meliodas]

Bitcoin will not purely benefit from this achievement by the Binance. Binance is the one who is legally registered in the U.S and that means that they will get the benefits of being registered because there is a lot of people in the U.S that are trading in Binance and if there is only one coin that will get pump because of this, then it would be the BNB of Binance.

[dimonstration]

USA have not banned crypto , you have been reading fake news in this case.
There are several big crypto exchanges which operate in the USA, I doubt that new exchange will get new investors , they will just get a piece of the existing customers.

I thought Im late in some news that Crypto or exchanges is banned in USA, definitely a fake news. Though Binance will gain more US supporters or investors too in these event. Some investors who still finds crypto risky might have a second thought of trying it now since it was legally registered and accepted in their country. Binance is aiming to be more known exchange for every investors so being registered in a very potential many investor country is a good step for the them.

[Jasad]

Binance become more bigger exchange market with many kind of trading peer from bitcoin, ethereum, USD and could support using pear BNB or binance coin, by legal in United State maybe Binance become more higher exchange market for the future and many people want to use binance as their trading market.

[Kyraishi]

US market has some high number of volume so the possibility of it affecting the price of bitcoin is possible. Maybe we might experience some positive price movement in the first 1-3 day of the launch of the exchange although this doesn't change the fact, the US government are strongly against the adoption of the currency since they can't control it.

No. I don't think so, a simple exchange opening (even if it was one of the biggest exchanges in the industry), isn't really enough to raise the price of BTC move then 0.1%.

The people who would have wanted to buy BTC in the US would have used other ways to do so, Binance opening their doors will only encourage some semi-interested users to buy some cryptocurrencies, not much big news.

Good for the industry though - who doesn't love more adoption.

[$Andreyka$]

I think that globally will not affect in any way. As always there will be a small effect from the news release, but in general this will not lead to a change in the trend. In the USA, those who wanted to use bitcoin could also do this illegally.

[Yatsan]

The U.S never banned crypto. Binance had to block US residents from accessing their site because they didn't have any license to operate there.

This is the truth mates, U.S. can't ban the cryptocurrency it could've the use of it but it's not. Binance know their limits as well as the country boundaries and so they did not operate in U.S. however, I've seen some people who are from U.S. that uses some kind of VPN or IP hider to still use the binance. And speaking with the expected price increase. I am not expecting that much since there are already exchanges before binance gets legal, people could jump from one to another or just ignore if they're happy with their existing exchange.

[ShooterXD]

The U.S never banned crypto. Binance had to block US residents from accessing their site because they didn't have any license to operate there.

This is the truth mates, U.S. can't ban the cryptocurrency it could've the use of it but it's not. Binance know their limits as well as the country boundaries and so they did not operate in U.S. however, I've seen some people who are from U.S. that uses some kind of VPN or IP hider to still use the binance. And speaking with the expected price increase. I am not expecting that much since there are already exchanges before binance gets legal, people could jump from one to another or just ignore if they're happy with their existing exchange.

I think the same way. When the US allowed bitcoin trading, there was no major change.
The release for Binance only shows us one more step in the regulation of cryptocoins in the USA.
Just one more method of control for them, which is still good, as it partly prevents money laundering, as laundering is not good for the bitcoin image.

[Irvinn]

I don’t take seriously all the information that appears in the media about the ban on cryptocurrency in the United States, because I am sure that the US government expresses its fears regarding those moments where cryptocurrency is used for criminal purposes or where cryptocurrency users abuse opportunities  cryptocurrency market to avoid paying taxes and so on.  In any case, one cannot say that the United States prohibits cryptocurrency, but at the same time read information about the start of trading Bitcoin futures, because these are mutually exclusive things.

[darewaller]

Any form of adaptation will result to bitcoin price pump. I think if other countries that banned bitcoin will un-ban it, it will make a huge diffident to the price, because what we are targeting is mass adoption.
Every country have a local exchange in terms of bitcoin, this is a big step in mass adoption.

Do we actually have countries that have banned bitcoin? because what I have seen is countries threatening to ban it, some speaking against it and some not just saying anything about it, but I have not seen one single country that has, china had once threatened to ban miners and not crypto which we can see how they are working towards theirs.

India planned to ban it but still in the court for that and many citizens are just still using the cryptocurrency, the united states where trump openly came to speak against it never talked of banning but only spoke against it as being an unregulated asset which means there is chance that it could be regulated by them which I feel that is what they are trying to achieve already through Binance exchange and Coinbase.

[adroitful_one]

I don’t take seriously all the information that appears in the media about the ban on cryptocurrency in the United States, because I am sure that the US government expresses its fears regarding those moments where cryptocurrency is used for criminal purposes or where cryptocurrency users abuse opportunities  cryptocurrency market to avoid paying taxes and so on.  In any case, one cannot say that the United States prohibits cryptocurrency, but at the same time read information about the start of trading Bitcoin futures, because these are mutually exclusive things.

It's all a way for them to collect money. Either through the fees for filing the registration or through taxes. That's all the government cares about. The worst part is, everything done through our government takes forever to get done. I'm sure it takes more than a year to even get the required permits to operate in the United States, even after  you've paid the several hundred dollar registration fee. They can scream regulation all they want, but what they really want is the money. They do the exact same thing with every other industry they have no reason to be involved in in the "free" United States. This will probably not mess with the price of Bitcoin at all. There is still many other places we could access without having to sell out our personal information to trade.

[ivakar]

Do we actually have countries that have banned bitcoin? because what I have seen is countries threatening to ban it, some speaking against it and some not just saying anything about it, but I have not seen one single country that has, china had once threatened to ban miners and not crypto which we can see how they are working towards theirs.

India planned to ban it but still in the court for that and many citizens are just still using the cryptocurrency, the united states where trump openly came to speak against it never talked of banning but only spoke against it as being an unregulated asset which means there is chance that it could be regulated by them which I feel that is what they are trying to achieve already through Binance exchange and Coinbase.

the question is - can a country somehow implement the ban and control the ban. this is really important question. because you may issue a law about ban for crypto, but if government can't guarantee it's execution, so that law won't be effective.. so that meant citizens of that country still would be using crypto and then what such a ban changes?
about Binance - I doubt this registration will affect the market much..

[Btcvilla]

If United State have legal bitcoin transaction I think bitcoin become higher price, many citizen of US want to invest money in bitcoin because they want get much profit with cryptocurrency worl, by legal Binance for US maybe many investor from US become binance member and have potential to pump binance coin.

[eaLiTy]

Enforcers of the law in the US is more strict than any other country. once they execute a law, no one wanted to disobey it and face the circumstances.

That is the case with every country around the world, if a particular country comes up with a certain law you have to comply with it to perform or function and if you are following the rule you will be fined or you need to close down your business. US is not the only country that enforces rules and regulation but every country that comes up with their version will force the company to follow their rules.

Binance is an exchange and they registered legally with the US law and how can it boost the price of BTCitcoin. If there is a huge investment in it then you might see an increase in price. Just registered alone will not bring in huge investments  .

[ecnalubma]

Good thing that they can operate in the US legally but the volume is not too impressive, but slowly it will build confidence for US traders now that they have alternative on where to trade. Surely they have potential to compete with largest crypto exchange in the US.

[asus09]

Binance have open new exchange market for United State people, you can check the website for Binance US and different with Binance exchange market usually, most positive respond from many US citizen because they are excited with Binance exchange and they can make investment bitcoin or altcoin with Binance.

[joshy23]

Binance have open new exchange market for United State people, you can check the website for Binance US and different with Binance exchange market usually, most positive respond from many US citizen because they are excited with Binance exchange and they can make investment bitcoin or altcoin with Binance.

Considering that binance ask for KYC to be fully verified US government will allow that as they have ways to completely monitor the exchange,
the citizen can now invest with crypto with facilitation coming from binance, in the long run it will be appreciated and take effect inside this
entire industry.

[kapalmabur]

I'm sure it will have a big impact on the volume of Bitcoin trading,
and you have seen it now that the price of Bitcoin is recovering from the lowest support level,
and we will see that Bitcoin rises even more in the next few days

[barota]

i don't think usa banned crypto!
as for Impact on prices bitcoin, Yes but after over time this will affect prices positively
Location of Penans. For a long time it facilitates trading and this will benefit prices without a doubt
The rise in prices does not come in one day but over time
Americans will be able to use binance more easily and this is a good thing

[Oneandpure]

Bianance US have the same with Binance usually but now still less altcoincan trading there, but step by step some altcoin have added and can trading with Binance US now, today add two coin for listing with Binance US raven coin and chainlink coin, I think next time will added new coin again and all of coin on binance usually will have in biannce US.

[Pearls Before Swine]

Even though Binance has opened a new Exchange for United State people, it does not affect for rising price of Bitcoin

And why should it?  It isn't as if Binance was never available to residents in the states, and even if it were a brand new exchange it would still be one among many.  There is no reason in my mind why the rebranding should affect bitcoin's price.  At all.

i don't think usa banned crypto!

No, crypto is still legal in the states.  However I think there are some states that Binance excluded, and it's probably because there are some state laws on the books regarding licensing or even anti AML stuff.  I couldn't say for sure, but those are only a few states involved.