Binance US Geoblocking Explained
Binance will restrict access to its exchange for US customers starting Sept 12th 2019. Customers can keep their coins on Binance after the cutoff, but won’t be able to trade.
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Cryptocurrency news from around the world and beyond. We cover what happening with cryptocurrency today. We cover things like countries embracing or rejecting cryptos, price milestones for Bitcoin and Alts, new projects, upcoming forks, etc.
The KIN Token Swap Deadline Was June 12 (So in Theory ERC20 KIN are now Worthless)
Since the KIN token swap deadline was June 12th, 2019, logically speaking the old ERC20 KIN should now be worthless.
The Ethereum Classic Atlantis Hard Fork Explained Simply
Atlantis is an upcoming hard fork for Ethereum Classic. The fork is currently planned for block height #8,500,000 (subject to change).
Bancor is Also Geoblocking the US
Bancor, a “DEX,” is following the lead of many others and geoblocking the US. Bancor will restrict all US users from trading.
MoneyGram Announces Partnership with Ripple
According to a recent press release, MoneyGram and Ripple will partner to allow MoneyGram to utilize Ripple’s xRapid product for cross-border payments.
Facebook Releases Details of Libra
Facebook released details of its Libra cryptocurrency via the Libra White Paper. Libra is stable coin with near zero fees meant to allow for quick, cheap, and stable global transactions.
A List of Coins Being Geoblocked in the US
The following coins are all potentially going to be geoblocked by US exchanges. Meaning US customers won’t be able to trade these coins on major exchanges.
The US is Essentially Being Geoblocked from Every Coin that Had an ICO By Exchanges
Exchanges are proactively blocking US customers from being able to trade coins that had ICOs. This is a preemptive move to protect themselves from unclear US regulations.
The Block Revealed all of Facebook’s Crypto Partners (the List is Impressive)
The Block has revealed all of the partners of “Project Libera” (the code name of Facebook’s crypto).
Binance Stops US Trading 2019/09/12, Will Open US-friendly Exchange, but You Can Keep Your Wallet
In 90 days, on 2019/09/12, Binance will cut off trading for US customers. You can keep your coins on Binance, but can’t deposit or trade after the cutoff.