Where is Binance restricted?

Binance is restricted in 10 of the 195 countries we cover: Canada, Cuba, Iran, Malaysia, the Netherlands, North Korea, Russia, Singapore, the United Kingdom and the United States.

We started from Binance’s own documents. Its list of prohibited countries (updated 5 January 2026) names the United States, Canada, the Netherlands, Cuba, Iran and North Korea, and Binance told US senators in a published letter that American residents are served by the separate Binance.US. Its own announcements cover three more countries: it closed to new UK users in October 2023, left the Dutch market in July 2023 and sold its Russian business to CommEX the same year.

For Malaysia we used the Securities Commission’s enforcement order of July 2021, and for Singapore Reuters’ report that Binance stopped Singapore users trading on its main platform. Cuba, Iran and North Korea are also under comprehensive US sanctions (OFAC programmes for Cuba, Iran and North Korea). Finally, on 14 October 2026 we loaded Binance’s sign-up page from every country we could reach, to see whether each block is enforced at the door.

Grid of the 10 countries where Binance is restricted, grouped by cause: sanctions (Cuba, Iran and North Korea), regulator action (Canada, Malaysia, Netherlands, Singapore and United Kingdom) and exit or own entity (Russia and United States). In our geo-access test the sign-up page blocked visitors by IP in Canada, Cuba and Netherlands, loaded with no barrier in Malaysia, Russia, Singapore and United Kingdom, and redirected the United States to Binance.US; Iran and North Korea were not tested.

Only three of the ten refused our visit by IP address; elsewhere Binance applies the restriction at identity verification. The full list is below: pick a country to see the cause, what applies, when it started and what our test saw.

Binance restricted countriesPick a country to see why Binance does not serve it
CountryStatusCauseWhat appliesSinceOur IP testSource
CanadaRestrictedRegulator actionOn Binance’s prohibited list; Binance gave the Ontario Securities Commission a written undertaking–Blocked by IPBinance prohibited list, OSC undertaking
CubaRestrictedSanctionsOn Binance’s prohibited list; comprehensive US sanctions–Blocked by IPBinance prohibited list, OFAC
IranRestrictedSanctionsOn Binance’s prohibited list; comprehensive US sanctions–Not testedBinance prohibited list, OFAC
MalaysiaRestrictedRegulator actionSecurities Commission ordered Binance to disable its website and apps; not registeredJuly 2021No barrierSecurities Commission Malaysia
NetherlandsRestrictedRegulator actionNo Dutch registration: no new users, existing users can only withdrawJuly 2023Blocked by IPBinance prohibited list, Binance exit notice
North KoreaRestrictedSanctionsOn Binance’s prohibited list; comprehensive US sanctions–Not testedBinance prohibited list, OFAC
RussiaRestrictedExit or own entityRussian business sold to CommEX; all Binance services ended2023No barrierBinance exit announcement
SingaporeRestrictedRegulator actionNo trading, buying or fiat deposits on Binance.com; Binance.sg closed in February 2022October 2021No barrierReuters, Forbes
United KingdomRestrictedRegulator actionClosed to new users under the FCA financial promotions rules; existing users keep current services16 October 2023No barrierBinance UK update
United StatesRestrictedExit or own entityTerms bar US users; residents are sent to the separate Binance.US–Notice: switch to Binance.USBinance prohibited list, Binance letter to US senators

Source: CryptoRestrictions dataset, verified 16 October 2026, and our geo-access test of 14 October 2026. Document links are in the paragraph above.

Where is Binance limited?

Binance is limited in 34 countries: the 29 EEA countries where it has no MiCA licence, plus Australia, Japan, Nigeria, the Philippines and Ukraine.

For the EEA we used Binance’s update on its MiCA licensing of 16 June 2026 and its withdrawal of the Greek application, with the 1 July 2026 cut-off confirmed by CoinDesk and Euronews. The other five come from regulators and Binance: Australia’s ASIC cancelled the Binance Australia Derivatives licence in 2023, Binance ended Nigerian naira services in March 2024, the Philippine SEC moved to block Binance in 2024 and the central bank says neither Binance nor its local partner is licensed, Japanese residents are served by Binance Japan, and the prohibited list excludes Crimea, Donetsk and Luhansk in Ukraine.

Chart of the 34 countries where Binance is limited, grouped by what is cut back: 29 EEA countries without a MiCA licence, where new accounts are closed and withdrawals stay open; Australia, Nigeria and Philippines, where derivatives or local-currency services are closed; Japan, served by the licensed Binance Japan; and Ukraine, where Crimea, Donetsk and Luhansk are excluded.

Limited means Binance still serves the country, but something is cut back. The groups are below: pick one to see what is closed, what still works and when it changed.

Binance limited countriesPick a group to see what is cut back
GroupStatusCauseCountriesWhat is closedWhat still worksSinceOur IP test
EEA (29 countries)LimitedNo MiCA licenceAustria, Belgium, Bulgaria, Croatia, Cyprus, Czechia, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain and Sweden (the EU except the Netherlands, plus Iceland, Liechtenstein and Norway)New sign-ups, deposits and tradingExisting users can withdraw1 July 2026EEA notice in 22, no barrier in 6, Malta not tested
AustraliaLimitedProduct cutAustraliaDerivatives, after ASIC cancelled the licenceSpot tradingApril 2023No barrier
NigeriaLimitedProduct cutNigeriaNaira deposits, withdrawals and trading pairsCrypto trading without nairaMarch 2024No barrier
PhilippinesLimitedProduct cutPhilippinesPeso services; SEC block in 2024Access returning through an SEC sandbox partner2024No barrier
JapanLimitedLocal entityJapanBinance.com accounts, migrated from August 2023Binance Japan, with a reduced product setAugust 2023No barrier
UkraineLimitedRegions excludedUkraineCrimea, Donetsk and LuhanskThe rest of Ukraine–No barrier

Source: CryptoRestrictions dataset, verified 16 October 2026, and our geo-access test of 14 October 2026. Document links are in the paragraph above.

Where is Binance available?

Binance is available in the other 151 of the 195 countries we cover, from Brazil, India and Turkey to most of Africa, Asia and Latin America.

Twelve of them host a Binance licence, registration or exemption (listed in the licences section below): Argentina, Bahrain, El Salvador, India, Indonesia, Kazakhstan, Mexico, New Zealand, South Africa, Thailand, Turkey and the United Arab Emirates. For 33 more we checked the country by name against the prohibited countries list and found it absent.

The remaining 106 are available under our coverage rule: no official document from Binance or a regulator restricts them, so we record them as available rather than unknown. Our geo-access test backs this up where it reached: the sign-up page loaded without a block in 89 of the 151. Only New Zealand showed a notice, that some features are not available there.

Bar chart of the 151 countries where Binance is available, by region: Africa 53 (28 tested), Asia 40 (33 tested), North America 20 (8 tested), Europe 13 (11 tested), South America 12 (8 tested), Oceania 13 (1 tested). 12 host a Binance licence, registration or exemption (Argentina, Bahrain, El Salvador, India, Indonesia, Kazakhstan, Mexico, New Zealand, South Africa, Thailand, Turkey and United Arab Emirates), 33 were checked by name against the prohibited list, and 106 are available under the coverage rule because no official document restricts them.

Available means Binance serves the country, not that local law allows crypto trading. China, Egypt and Syria are on this list because Binance does not exclude them, whatever their own rules say about using an offshore exchange.

Where do Binance’s visitors come from?

In Similarweb’s estimates, binance.com’s top visitors come from South Korea, India, Brazil, Ukraine, Turkey and Venezuela, all countries Binance serves.

We compared two traffic estimators. Similarweb puts South Korea first for September 2026 (10.94% of visits), and its May 2026 figures, published by BitRSS, had India narrowly ahead of South Korea. Semrush disagrees for the same September: Bangladesh at 45.2% and the United States second at 4.5%, on a total of 94.44 million visits against Similarweb’s 34.7 million.

Three ranked bar lists of the top countries visiting binance.com. Similarweb September 2026 (34.7M visits): South Korea 10.94%, Ukraine 5.73%, Brazil 5.61%, Venezuela 5.46%, Turkey 5.06%. Similarweb May 2026 (38.16M visits): India 8.2%, South Korea 8.17%, Brazil 6.13%, Ukraine 5.4%, Turkey 4.93%. Semrush September 2026 (94.44M visits): Bangladesh 45.2%, United States 4.5%, India 4.04%, Brazil 2.56%, Turkey 2.49%. The United States, where Binance is restricted, appears only in Semrush. Bangladesh’s bar is cut off at the scale limit.

The United States is the one restricted country in either top five, and a visit is not an account. Our geo-access test shows why it can appear: from a US address binance.com still loads, with a prompt to switch to Binance.US, so anyone reading prices or Binance’s own articles is counted. The restriction applies when someone tries to open an account. American trading happens on the separate domain: Similarweb counts 728,300 visits to binance.us in September, 79.59% of them from the United States.

Ukraine is in both Similarweb lists because Binance only excludes Crimea, Donetsk and Luhansk, so the rest of the country is served. The Bangladesh figure we could not confirm: it is 45.2% in Semrush, 98.6% of it desktop, and Bangladesh is absent from both Similarweb lists, while Semrush’s total for binance.com jumped from 65.25 million visits in August to 94.44 million in September. Estimators model traffic from panels and samples, so treat any single country share as an estimate. No restricted country other than the United States appears in either top five.

Binance geo-access test: what we saw from 130 countries

In our test Binance’s sign-up page refused visitors by IP address in only 3 of the 130 countries we reached, Canada, Cuba and the Netherlands; everywhere else the pages loaded, sometimes with a notice.

We ran the test ourselves on 14 October 2026. A browser with a VPN connected to one country at a time and loaded Binance’s home page and its sign-up page, each time in a fresh private window with no cookies. Cookie banners were hidden but never accepted, and bot checks were waited out, never solved. Every run saved the page text and a screenshot, and recorded where Binance’s own location check placed us.

Of the 134 places tested (130 of our 195 countries plus four territories), 61 went through VPN servers located in the country. For the other 73 the VPN only offers virtual locations hosted elsewhere, and there we relied on Binance’s location check to confirm the country. The Cuba and Russia screenshots below come from a repeat run on 16 October with the same result.

The test does not decide a country’s status on its own: official documents come first, and a page that loads is not permission to use Binance. What it shows is how Binance enforces its rules at the door.

Table of Binance’s recorded status against what our geo-access test saw. Restricted (10): blocked by IP in 3, notice in 1, no barrier in 4, not tested in 2. Limited (34): blocked 0, notice 22, no barrier 11, not tested 1. Available (151): blocked 0, notice 1, no barrier 88, not tested 62.

Three patterns stand out. Only three of the ten restricted countries are blocked at the door; the United States gets a prompt to switch to Binance.US, and in the United Kingdom, Singapore, Malaysia and Russia both pages load as if nothing were wrong. Binance applies those restrictions later, at identity verification. In the EEA, 22 of the 34 limited countries see a European regulatory notice on the home page, while 11, including France, Spain, Italy and Poland, saw none, so the notice is not a reliable sign of what an account can do. Among the 151 available countries only New Zealand showed anything, a banner saying some features are not available there.

Iran and North Korea were not tested: our VPN offers no location in either country. The full result for every country, with the exact message where there was one, is below.

  • "Your IP address indicates that you’re attempting to access our services from a restricted jurisdiction."

    Sign-up page · 3 countries: Canada, Cuba, Netherlands

  • "European Regulatory Information"

    Home page · 22 countries: Austria, Bulgaria, Croatia, Cyprus, Czechia and 17 more

  • "Some of the features on this website are not available in your jurisdiction."

    Home page · 1 country: New Zealand

  • "Switch to Binance.US to start your crypto journey."

    Home page · 1 country: United States

Source: CryptoRestrictions geo-access test, 14 Oct 2026. Every other country loaded both pages with no restriction message.

All 134 test results, country by country

Binance geo-access test results by country

Sortable; "Our status" is the verified dataset status, not the test result
CountryLocationHome pageSign-up pageOur status
AfghanistanVirtualOpenOpenAvailable
AlbaniaIn countryOpenOpenAvailable
AlgeriaVirtualOpenOpenAvailable
AndorraIn countryOpenOpenAvailable
AngolaVirtualOpenOpenAvailable
ArgentinaIn countryOpenOpenAvailable
AustraliaIn countryOpenOpenLimited
AustriaIn countryNoticeOpenLimited
AzerbaijanVirtualOpenOpenAvailable
BahrainVirtualOpenOpenAvailable
BangladeshVirtualOpenOpenAvailable
BelarusVirtualOpenOpenAvailable
BelgiumIn countryOpenOpenLimited
BhutanVirtualOpenOpenAvailable
Bosnia and HerzegovinaIn countryOpenOpenAvailable
BrazilIn countryOpenOpenAvailable
BruneiIn countryOpenOpenAvailable
BulgariaIn countryNoticeOpenLimited
CambodiaVirtualOpenOpenAvailable
CameroonVirtualOpenOpenAvailable
CanadaIn countryOpenBlockedRestricted
ChadVirtualOpenOpenAvailable
ChileIn countryOpenOpenAvailable
ChinaIn countryOpenOpenAvailable
ColombiaIn countryOpenOpenAvailable
ComorosVirtualOpenOpenAvailable
DR CongoVirtualOpenOpenAvailable
Costa RicaVirtualOpenOpenAvailable
Côte d'IvoireVirtualOpenOpenAvailable
CroatiaIn countryNoticeOpenLimited
CubaVirtualOpenBlockedRestricted
CyprusIn countryNoticeOpenLimited
CzechiaIn countryNoticeOpenLimited
DenmarkIn countryNoticeOpenLimited
Dominican RepublicVirtualOpenOpenAvailable
EcuadorVirtualOpenOpenAvailable
EgyptVirtualOpenOpenAvailable
El SalvadorVirtualOpenOpenAvailable
EritreaVirtualOpenOpenAvailable
EstoniaIn countryNoticeOpenLimited
EthiopiaVirtualOpenOpenAvailable
FinlandIn countryNoticeOpenLimited
FranceIn countryOpenOpenLimited
GabonVirtualOpenOpenAvailable
GeorgiaVirtualOpenOpenAvailable
GermanyIn countryNoticeOpenLimited
GhanaVirtualOpenOpenAvailable
GreeceIn countryNoticeOpenLimited
GuatemalaVirtualOpenOpenAvailable
GuineaVirtualOpenOpenAvailable
HondurasVirtualOpenOpenAvailable
Hong KongIn countryOpenOpenLimited
HungaryIn countryNoticeOpenLimited
IcelandIn countryNoticeOpenLimited
IndiaVirtualOpenOpenAvailable
IndonesiaIn countryOpenOpenAvailable
IraqVirtualOpenOpenAvailable
IrelandIn countryNoticeOpenLimited
IsraelIn countryOpenOpenAvailable
ItalyIn countryOpenOpenLimited
JapanIn countryOpenOpenLimited
JordanVirtualOpenOpenAvailable
KazakhstanVirtualOpenOpenAvailable
KenyaVirtualOpenOpenAvailable
KuwaitVirtualOpenOpenAvailable
LaosVirtualOpenOpenAvailable
LatviaIn countryNoticeOpenLimited
LibyaVirtualOpenOpenAvailable
LiechtensteinVirtualNoticeOpenLimited
LithuaniaIn countryNoticeOpenLimited
LuxembourgIn countryNoticeOpenLimited
MacaoVirtualOpenOpenAvailable
MalaysiaIn countryOpenOpenRestricted
MauritaniaVirtualOpenOpenAvailable
MauritiusVirtualOpenOpenAvailable
MexicoIn countryOpenOpenAvailable
MoldovaIn countryOpenOpenAvailable
MonacoVirtualOpenOpenAvailable
MongoliaVirtualOpenOpenAvailable
MontenegroVirtualOpenOpenAvailable
MoroccoVirtualOpenOpenAvailable
NepalVirtualOpenOpenAvailable
NetherlandsIn countryOpenBlockedRestricted
New ZealandIn countryNoticeOpenAvailable
NicaraguaVirtualOpenOpenAvailable
NigeriaIn countryOpenOpenLimited
North MacedoniaIn countryOpenOpenAvailable
NorwayIn countryNoticeOpenLimited
OmanVirtualOpenOpenAvailable
PakistanVirtualOpenOpenAvailable
PanamaVirtualOpenOpenAvailable
PeruIn countryOpenOpenAvailable
PhilippinesVirtualOpenOpenLimited
PolandIn countryOpenOpenLimited
PortugalIn countryNoticeOpenLimited
Puerto RicoVirtualOpenOpenRestricted
QatarVirtualOpenOpenAvailable
RomaniaIn countryNoticeOpenLimited
RussiaVirtualOpenOpenRestricted
RwandaVirtualOpenOpenAvailable
Saudi ArabiaVirtualOpenOpenAvailable
SenegalVirtualOpenOpenAvailable
SerbiaIn countryOpenOpenAvailable
SingaporeIn countryOpenOpenRestricted
SlovakiaIn countryNoticeOpenLimited
SloveniaIn countryNoticeOpenLimited
SomaliaVirtualOpenOpenAvailable
South AfricaIn countryOpenOpenAvailable
South KoreaIn countryOpenOpenAvailable
South SudanVirtualOpenOpenAvailable
SpainIn countryOpenOpenLimited
Sri LankaVirtualOpenOpenAvailable
SudanVirtualOpenOpenAvailable
SwedenIn countryOpenOpenLimited
SwitzerlandIn countryOpenOpenAvailable
SyriaVirtualOpenOpenAvailable
TaiwanIn countryOpenOpenAvailable
TajikistanVirtualOpenOpenAvailable
TanzaniaVirtualOpenOpenAvailable
ThailandVirtualOpenOpenAvailable
TogoVirtualOpenOpenAvailable
TunisiaVirtualOpenOpenAvailable
TurkeyIn countryOpenOpenAvailable
TurkmenistanVirtualOpenOpenAvailable
UgandaVirtualOpenOpenAvailable
UkraineIn countryOpenOpenLimited
United Arab EmiratesIn countryOpenOpenAvailable
United KingdomIn countryOpenOpenRestricted
United StatesIn countryNoticeNoticeRestricted
UruguayVirtualOpenOpenAvailable
UzbekistanVirtualOpenOpenAvailable
VenezuelaVirtualOpenOpenAvailable
VietnamVirtualOpenOpenAvailable
YemenVirtualOpenOpenAvailable

Source: CryptoRestrictions geo-access test, 14 Oct 2026. Virtual: an IP address registered to the country, served from a server elsewhere.

Binance licences and registrations

Binance holds 22 licences and registrations in 16 jurisdictions, none of them in the EU, the UK, the US or Canada.

The list comes from Binance’s own licences and registrations page, which names the entity, the regulator and the permission for each, and was last checked against it on 28 September 2026. Fourteen are licences or authorisations to run an exchange, a broker or a custody service. Five are registrations, mostly for anti-money-laundering reporting, which let Binance operate but are not a full licence. The other three are an exemption, a payments licence that does not cover crypto, and a place on Türkiye’s transitional list of providers, which is not an authorisation.

Chart of Binance’s 22 licences and registrations in 16 jurisdictions: 14 licences or authorisations, 5 registrations and 3 other (an exemption in South Africa and a brokerage and e-money licence in Brazil that is not a crypto authorisation, and Türkiye’s transitional list of providers, which is not an authorisation). Middle East: Abu Dhabi (3), Dubai, Bahrain (3), Türkiye. Asia-Pacific: Japan, Indonesia, Thailand, India, Australia, New Zealand. Americas: El Salvador (2), Argentina, Mexico, Brazil. Also Kazakhstan (2) and South Africa. None in the EU, the UK, the US or Canada.

Middle East

  • Abu Dhabi (ADGM), United Arab Emirates: three entities regulated by the ADGM Financial Services Regulatory Authority. Nest Exchange Limited is a recognised investment exchange, Nest Clearing and Custody Limited a recognised clearing house and custodian, and Nest Trading Limited is authorised for dealing, arranging deals, managing assets, money services and arranging custody.
  • Dubai, United Arab Emirates: Binance FZE holds a VARA licence covering broker-dealer, exchange (including virtual asset derivatives), management and investment, and lending and borrowing services.
  • Bahrain: Binance Bahrain BSC(c) is a Category 4 crypto-asset service provider licensed by the Central Bank of Bahrain, and BPay Global BSC(c) holds an ancillary payment services licence.
  • Türkiye: Binance Turkey Kripto Varlık Alım Satım Platformu AŞ is on the Capital Markets Board’s transitional list of crypto-asset service providers in operation, which lets it keep operating while it applies; the board says the listing is not an authorisation.

Asia-Pacific

  • Japan: Binance Japan Inc. is registered with the Financial Services Agency as a crypto asset exchange service provider.
  • Indonesia: PT Aset Digital Berkat (Tokocrypto) holds a Bappebti licence as a physical crypto asset trader, granted on 6 September 2024.
  • Thailand: Gulf Binance Co., Ltd., a joint venture with Gulf Edge, holds digital asset exchange and broker licences from the Ministry of Finance, through the Thai SEC.
  • India: Nest Exchange Limited is registered with the Financial Intelligence Unit as an offshore reporting entity.
  • Australia: InvestbyBit Pty Ltd (Binance Australia) is registered with AUSTRAC as a digital currency exchange provider.
  • New Zealand: Investbybit Limited is on the Financial Service Providers Register. Binance notes that this is a registration and does not mean active supervision by a New Zealand regulator.

Americas

  • El Salvador: Binance Services Latinoamérica S.A. de C.V. holds digital asset and bitcoin service provider licences from the CNAD and the central bank.
  • Argentina: the same entity is registered with the Comisión Nacional de Valores as a virtual asset service provider, since 11 September 2024.
  • Mexico: Bmex Techfin is registered with the Tax Administration Service under the anti-money-laundering rules for virtual asset services.
  • Brazil: Simpaul Corretora de Câmbio e Valores Mobiliários S.A. is a securities brokerage with an e-money licence, a payments permission rather than a crypto authorisation. Binance says further services depend on Brazil’s crypto rules.

Kazakhstan and Africa

  • Kazakhstan: BN KZ Technologies Limited is licensed by the Astana Financial Services Authority to run a digital asset trading facility, provide custody and deal as principal.
  • South Africa: Binance RSA operates under an FSCA exemption (FAIS Notice 25 of 2023) for spot products; futures and options run through Binance Bahrain as a juristic representative of a licensed provider.

Binance and MiCA in the EU

Binance has no MiCA licence, so since 1 July 2026 it has stopped opening accounts and taking deposits and trades from users in the EEA, while existing users can still withdraw.

MiCA is the EU’s crypto rulebook, and from 30 December 2024 it required exchanges serving EU clients to hold an authorisation from one member state (our MiCA article covers the rules). Firms already operating under national law could carry on until 1 July 2026 at the latest. ESMA, the EU markets authority, said in a statement of 17 April 2026 that any firm still serving EU clients without a licence after that date is in breach of EU law and must stop.

Binance applied in Greece. On 16 June 2026 it said in an update on its licensing that, as it understood it, the Hellenic Capital Market Commission had finished its review, but no licence had been granted. About a week later it withdrew the Greek application, citing the lack of a formal decision, and said it would apply in another member state. Euronews reported Binance telling French clients that its France entity would stop providing crypto services from 1 July, and CoinDesk reported the same emails reaching users in Italy, Poland and Spain, along with a Financial Times report that Binance plans to seek authorisation in France.

Chart of the MiCA status of 14 crypto platforms. Authorised: Bitstamp, Bybit, Coinbase, Crypto.com, Gate, Kraken, KuCoin and OKX. No MiCA licence: Binance, Bitfinex, Bitget and MEXC. Left the EEA: Gemini. Under EU sanctions: HTX. Binance is highlighted among the platforms without a licence.

Binance is the largest exchange we track without a MiCA licence. Eight of the 14 centralised platforms in our MiCA dataset are authorised, by regulators in Ireland, Luxembourg, Malta and Austria, and each authorisation is passported across the EEA. Bitget is the only other one without a licence; its EU entity applied to Austria’s FMA on 2 July 2026, the day after the deadline.

Stablecoins were the first part of Binance’s EEA service to change. Binance’s stablecoin compliance note says EEA users have not been able to buy stablecoins that lack MiCA authorisation through Convert since 30 June 2024, the day MiCA’s stablecoin rules applied, although they could still sell, hold and withdraw them.

Binance MiCA timeline

Timeline of MiCA and Binance. EU rules: 29 Jun 2023, MiCA enters into force; 30 Jun 2024, Stablecoin rules apply; 30 Dec 2024, CASP licensing starts; 17 Apr 2026, ESMA: unlicensed firms must stop; 23 Jun 2026, ESMA: stop onboarding now; 1 Jul 2026, Transition ends. Binance: 30 Jun 2024, EEA users can no longer buy unauthorised stablecoins; 16 Jun 2026, Greek review done, no licence yet; 24 to 25 Jun 2026, Withdraws Greek application; 1 Jul 2026, New accounts, deposits, trading close.

MiCA entered into force on 29 June 2023 but applied in steps: the stablecoin rules on 30 June 2024, and licensing for exchanges and other crypto service providers on 30 December 2024. For Binance the decisive weeks came at the end of the transition. ESMA followed its April warning with a statement on 23 June 2026 telling firms that would miss the deadline to stop onboarding clients and marketing at once, and to limit what remained to what clients need to sell, transfer or close positions.

That matches what Binance did. Between Binance’s 16 June update and the 1 July deadline it withdrew from Greece, wrote to users in France, Italy, Poland, Spain and other EU markets, and closed new accounts, deposits and trading across the EEA. Withdrawals stay open. Until Binance announces where it has reapplied and a regulator grants a licence, we record all 29 EEA countries it still served as limited.

Is Binance available in the US?

No: Binance.com does not serve anyone in the United States, and Americans are sent to Binance.US, a separate exchange that operates in 38 states, Washington DC and Puerto Rico.

Binance’s prohibited countries list names the United States, and as part of its 2023 settlement with FinCEN, Binance gave undertakings to ensure its complete exit from the country. We saw how that works from the outside: when we loaded binance.com from a US address on 14 October 2026, the page did not block us, it asked us to switch to Binance.US. Binance.US is run by BAM Trading Services, and its terms of use say BAM and Binance Holdings share majority owners but are separate companies, with BAM using Binance technology under a licensing agreement.

Where does Binance.US work?

Tile map of the United States showing where Binance.US operates: supported with US dollars in 36 states, Washington DC and Puerto Rico; crypto only, without US dollar services, in Kansas and Wisconsin; not supported in Alaska, Connecticut, Georgia, Maine, New York, North Carolina, North Dakota, Ohio, Oregon, Texas, Vermont and Washington, and in American Samoa, Guam, Northern Mariana Islands and US Virgin Islands.

Binance.US’s state list (updated 3 June 2026) names 16 places it does not serve:

  • States: Alaska, Connecticut, Georgia, Maine, New York, North Carolina, North Dakota, Ohio, Oregon, Texas, Vermont and Washington.
  • Territories: American Samoa, Guam, the Northern Mariana Islands and the US Virgin Islands.

In two more states, Kansas and Wisconsin, Binance.US runs as a crypto-only exchange, with no US dollar deposits or withdrawals. Its licences page lists state licences in 30 states, DC and Puerto Rico, and a federal registration with FinCEN as a money services business; it notes that some of those state licences do not cover virtual currency.

The whole exchange was crypto only from July 2023, after the SEC sued, until US dollar deposits and withdrawals by bank transfer came back on 19 February 2025. Stephen Gregory became chief executive on 9 March 2026, according to a Binance.US leadership update.

Binance’s US fines and guilty plea

Bar chart of the 2023 US penalties against Binance. Justice Department: criminal fine of $1.81 billion and forfeiture of $2.51 billion, $4.32 billion in total. FinCEN: $3.4 billion civil money penalty, of which $2.47 billion was credited against payments to the DOJ and CFTC. CFTC: $1.35 billion disgorgement and $1.35 billion civil penalty, $2.7 billion. OFAC: $969 million sanctions settlement. Changpeng Zhao: $50 million criminal fine and $150 million CFTC civil penalty.

On 21 November 2023 Binance pleaded guilty to conspiring to violate the Bank Secrecy Act, failing to register as a money transmitting business and violating US sanctions law (IEEPA), and agreed to pay $4.3 billion, according to the Justice Department’s case page. The same day FinCEN assessed a $3.4 billion civil money penalty with a five-year monitorship, and OFAC settled for $968.6 million over 1,667,153 apparent sanctions violations. The CFTC followed on 18 December 2023 with a $2.7 billion order, half disgorgement of fees and half civil penalty.

The amounts overlap. A Ballard Spahr analysis notes that FinCEN credited $2.47 billion of its penalty against payments to the DOJ and CFTC, and that most of the CFTC amount is covered by the other payments, while the OFAC settlement comes on top.

The SEC had sued Binance, Binance.US and Zhao separately on 5 June 2023, alleging unregistered exchanges, brokers and clearing agencies and at least $11.6 billion in revenue. That case ended on 29 May 2025, when both sides agreed to dismiss it with prejudice.

Changpeng Zhao: plea, prison and pardon

Binance’s founder pleaded guilty the same day as the company, to failing to maintain an effective anti-money-laundering program, and stepped down as chief executive; Binance named Richard Teng in his place. On 30 April 2024 he was sentenced to four months in prison and a $50 million fine, on top of the $150 million he agreed to pay the CFTC. The Justice Department’s record of presidential pardons lists a pardon for him dated 21 October 2025.

The pardon applies to Zhao’s conviction, not to Binance’s access: its terms still exclude US users, and the restriction recorded on this page stands.

Binance in the US: timeline

Timeline of Binance in the United States. Binance and Changpeng Zhao: 5 Jun 2023, SEC sues Binance, Binance.US and CZ; 21 Nov 2023, Guilty plea, $4.3bn; CZ steps down; 18 Dec 2023, CFTC order, $2.7bn; 30 Apr 2024, CZ sentenced to four months; 29 May 2025, SEC case dismissed; 21 Oct 2025, CZ pardoned. Binance.US: Sep 2019, Binance.US launches; Jul 2023, Binance.US goes crypto only; 19 Feb 2025, USD deposits return; 9 Mar 2026, New Binance.US CEO.

Binance KYC and identity verification

Binance requires every new user to pass one level of identity verification, called Verified, before depositing or trading, and it publishes no fixed limits for that level: each account sees its own limits on its Identification page.

Binance’s verification page (updated 5 June 2026) sets out the flow. You choose your country of residence, the country that issued your document and the document type, upload photos of the front and back of the ID, pass a liveness check and confirm personal details that match the ID, which cannot be changed afterwards. Binance says it usually reviews documents within 48 hours.

The EEA flow asks for more. Binance’s EEA verification guide (updated 12 March 2026) adds a residential address and a set of compliance questions, and its re-verification page (13 March 2026) told existing EEA users to verify again after Binance raised its standards to the EU’s anti-money-laundering rules. Anyone who verified before the change, never gave a proof of address or the enhanced due diligence answers, or used the old ID vendor had to redo it. Since 1 July 2026 Binance no longer opens new EEA accounts, so this flow now matters mainly to existing users.

Checklist of Binance’s identity verification. Both the global and the EEA flow ask for country of residence and document type, photos of the front and back of the ID, a liveness check and personal details matching the ID. Only the EEA flow adds a residential address and compliance questions. In both, an account not verified in time is set to Withdraw Only: it cannot deposit or trade, but can withdraw funds, cancel orders, close positions and redeem products.

Missing verification does not lock the money in. An existing account that has not completed Verified, or an EEA account that misses its re-verification deadline, is switched to Withdraw Only: it can withdraw funds, cancel orders, close positions and redeem products, but cannot deposit or trade.

Binance verification levels and limits

Binance used to publish limits by level. In July 2021 it announced that accounts with only basic verification would have their daily withdrawals cut from 2 BTC to 0.06 BTC, while fully verified accounts could withdraw up to 100 BTC a day, Decrypt reported. A month later, on 20 August 2021, it made its intermediate level, a government ID plus facial verification, mandatory for every user, with unverified existing accounts moved to withdrawal only by 19 October 2021.

Timeline of Binance identity verification. 27 Jul 2021: Announced: unverified limit to 0.06 BTC a day, from 2 BTC. 20 Aug 2021: ID and face check made mandatory. 19 Oct 2021: Unverified users withdraw only. Page of 12 Mar 2026: EEA flow asks for address and AML answers. Page of 5 Jun 2026: One level, Verified, for all new users. 1 Jul 2026: MiCA deadline: EEA sign-ups close. From August 2021, fully verified accounts could withdraw up to 100 BTC a day.

Today’s pages name a single level and no amounts. Tables of higher tiers and fiat limits still circulate on third-party sites, but they do not appear on Binance’s current pages and vary by source, so we do not repeat them. For how Binance’s checks compare with Coinbase and Kraken, see our guide to crypto exchange KYC.

What if Binance is restricted where you live?

It depends on the country: of the 21 other platforms we track, 13 are available in Malaysia and 11 in the Netherlands, but only one, KuCoin, in Cuba, Iran and North Korea, where Bitstamp is limited.

Getting around the block is not an option either. Binance’s terms of use forbid using a VPN or any other tool to get past a geographic restriction, and the restrictions above are enforced at identity verification, where a VPN does not help. What is left is a platform that is allowed to serve you where you live.

Stacked bars for the 10 countries where Binance is restricted, showing how many of the 21 other platforms we track are available, limited, restricted or not yet verified there. Malaysia: 13 available (5 of them centralised exchanges), 2 limited, 6 restricted, 0 unverified; Netherlands: 11 available (4 of them centralised exchanges), 5 limited, 5 restricted, 0 unverified; Singapore: 7 available (5 of them centralised exchanges), 5 limited, 9 restricted, 0 unverified; Russia: 4 available (3 of them centralised exchanges), 2 limited, 15 restricted, 0 unverified; United Kingdom: 4 available (2 of them centralised exchanges), 7 limited, 10 restricted, 0 unverified; Canada: 3 available (1 of them centralised exchanges), 6 limited, 12 restricted, 0 unverified; Cuba: 1 available (1 of them centralised exchanges), 1 limited, 19 restricted, 0 unverified; Iran: 1 available (1 of them centralised exchanges), 1 limited, 19 restricted, 0 unverified; North Korea: 1 available (1 of them centralised exchanges), 1 limited, 19 restricted, 0 unverified; United States: 1 available (0 of them centralised exchanges), 10 limited, 10 restricted, 0 unverified.

The chart shows how much choice each restricted country has. Malaysia and the Netherlands keep 11 or more open platforms, Singapore seven and the United Kingdom four, with two to five centralised exchanges each. In the United States the only open option is one DeFi protocol, Uniswap, while Coinbase is limited by product cuts in some states, alongside the separate Binance.US covered above. In Russia four exchanges are recorded as available under our coverage rule, Bitfinex, Bybit, Coinbase and KuCoin, and in Cuba, Iran and North Korea only KuCoin is.

For a country-by-country comparison of what to use instead, with residency rules, licences and products side by side, see our guide to Binance alternatives by country.