In the ever-evolving landscape of cryptocurrency regulation, one company has consistently been at the forefront—Binance US. As the crypto market expands, regulatory requirements continue to evolve, affecting which U.S. residents can access Binance services. This article delves into the current state of affairs regarding supported and restricted states for Binance.US as of 2025.
As of late 2025, Binance has successfully navigated through the regulatory maze to offer its services in most U.S. states. According to Binance's Terms of Service (ToS) updated on February 11, 2025, Binance.US is accessible from a wide array of states across America, including California, Florida, Illinois, and Pennsylvania. However, the exchange remains restricted in New York, Texas, and Washington. The landscape also includes Michigan, which has a unique position due to its strict regulatory environment but allows for certain types of operations under Binance's umbrella.
The journey toward Binance.US's expansion across most U.S. states is a testament to the company's commitment to adapting to local regulations and ensuring compliance with state laws governing digital assets. This has been possible due to Binance's strategic partnership with Eris Industries, an American-based cryptocurrency exchange regulated by the North Dakota Department of Banking & Finance. Such partnerships allow exchanges like Binance.US to operate within a legal framework that accommodates cryptocurrency trading in various U.S. states.
However, it is crucial for potential users to understand their jurisdiction's regulations regarding cryptocurrency exchanges and transactions. For instance, the state of New York has been particularly stringent with cryptocurrency regulation, leading to a temporary ban on Binance and several other crypto firms operating within its borders. Similarly, Texas, despite being pro-crypto, also imposed restrictions on Binance operations due to concerns over regulatory compliance and consumer protection.
The restricted status in certain states is not solely attributed to the exchanges themselves but also reflects broader U.S. legislative efforts aimed at protecting consumers from frauds and scams that have plagued the cryptocurrency industry. Restricted states like New York, Texas, and Washington are often scrutinized more closely by regulatory bodies due to their significant financial markets and high potential for consumer exploitation.
In 2025, Binance's approach toward expanding its services in U.S. states has not only been shaped by legal requirements but also by the evolving public perception of cryptocurrency. As digital assets become a more mainstream part of people’s investment portfolios, the need for comprehensive regulation and consumer protection becomes even more critical.
Despite Binance's efforts to expand its services across most U.S. states, there are still some limitations due to various legal and regulatory factors. For instance, Binance.US is only available in 46 of America’s 50 states as per the ToS updated on November 21, 2024. This highlights that despite significant progress, the quest for universal accessibility remains ongoing.
Moreover, it's worth noting that using a virtual private network (VPN) to access Binance or any other cryptocurrency service from restricted states may violate Binance’s terms of service and result in account termination. Therefore, users are encouraged to use these services legitimately within the regions where they are permitted.
In conclusion, the landscape of supported and restricted states for Binance.US as of 2025 has seen significant progress and expansion, despite legal and regulatory challenges. The company's commitment to compliance, strategic partnerships, and adapting to evolving regulations have been key factors in its journey across most U.S. states. As the crypto market continues to evolve, it is crucial for both users and regulators to adapt their approaches to ensure a balanced environment that fosters innovation while safeguarding consumers.