Binance US has now opened. Crypto lovers are hoping the opening of Binance US is a good sign for US investors. Americans have seen several large exchanges ban US users. Increased regulations in the US have made operating an exchange in America a difficult task.
Even now, all states are not able to participate in trading on Binance US. New York is one of the states which is currently closed to crypto investors on Binance.
While investors in the US remain hopeful, increased regulations and the question of which crypto are considered securities has forced many exchanges to exclude the US market from trading.