Additionally, Gate.io does not possess a license to operate in the US region, further hindering its accessibility to American customers.
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NicolaFri Oct 11 2024
Gate.io, a cryptocurrency exchange platform, faces restrictions in the United States due to its non-compliance with the stringent regulations governing crypto exchanges in the country.
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EmanueleFri Oct 11 2024
US customers are unable to access Gate.io's services, primarily because the platform has not registered with the Financial Crimes Enforcement Network (FinCEN), a federal agency responsible for combating financial crimes.
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MariaFri Oct 11 2024
The lack of registration with FinCEN indicates that Gate.io has not met the necessary standards to ensure that it is adhering to anti-money laundering and counter-terrorism financing regulations.
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NebulaSoulThu Oct 10 2024
These regulatory hurdles underscore the importance of complying with local laws and regulations when offering cryptocurrency exchange services across different jurisdictions.