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As an important step forward, we’re updating our global KYC requirements for all users

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Updates to Binance Services

From binance.com

Fellow Binancians, Binance reviews its products and services on an ongoing basis to determine changes and improvements in light of evolving global compliance standards. To enhance user protections and provide a safe crypto environment for everyone, Binance is making the following changes: Effective immediately, all new users are required to complete Intermediate Verification to access Binance products and service offerings, including cryptocurrency deposits, trades and withdrawals. Existing users who have not yet completed Intermediate Verification will have their account permissions temporarily changed to “Withdraw ... (full story)

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Binance enforces mandatory KYC on all users amid mounting regulatory pressure

From theblockcrypto.com

Binance has said it's now requiring all users to complete Intermediate Verification amid mounting compliance pressure from worldwide regulators. The world's largest exchange said in an announcement on Friday that effective immediately, all new users now must complete Intermediate Verification to access Binance's services, including cryptocurrency deposits, trades and withdrawals. Binance said the move comes as it reviews its products and services on an ongoing basis to "determine changes and improvements in light of evolving global compliance standards." Per Binance's Identity Verification process, an ... (full story)

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