Nationality: Cayman Islands. Mainland Registration: Currently, mainland residents are unable to register and trade directly on the Binance exchange as the mainland government prohibits cryptocurrency trading and Binance is not licensed by mainland financial regulators.
Binance Exchange’s Nationality and Mainland Registration Status
Binance Exchange is a cryptocurrency exchange headquartered in the Cayman Islands and has business dealings with many countries around the world.
Can I register from mainland China?
Currently, mainland residents cannot register and trade directly on the Binance exchange. The reason is that the mainland government has banned cryptocurrency trading and Binance is not licensed by mainland financial regulators.
Binance’s nationality
Binance exchange was founded in China in 2017, but moved its headquarters to the Cayman Islands at the end of 2017 due to tightening regulatory policies on the mainland. The Cayman Islands is a British Overseas Territory known for its favorable tax environment and business-friendly policies. Therefore, Binance’s nationality is the Cayman Islands, not mainland China.
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