Cryptocurrency Q&A Why is BNB banned in the US?

Why is BNB banned in the US?

Silvia Silvia Thu Oct 31 2024 | 6 answers 947
I'm wondering why BNB, which is a popular cryptocurrency, is not allowed to be used or traded in the United States. Could it be due to regulatory issues or some other reasons? Why is BNB banned in the US?

6 answers

CryptoProphet CryptoProphet Sat Nov 02 2024
These prohibitions or limitations stem from various factors.

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HanbokGlamour HanbokGlamour Sat Nov 02 2024
One significant reason is the potential loss of tax revenues.

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Riccardo Riccardo Sat Nov 02 2024
The legality of Airbnb varies across different locations.

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charlotte_wilson_coder charlotte_wilson_coder Sat Nov 02 2024
Airbnb was previously accused of not contributing to local tax collections.

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CryptoChampion CryptoChampion Sat Nov 02 2024
However, Airbnb now collaborates with cities to ensure tax collection.

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