The policy states that if a user does not provide personal information required by applicable law, including for AML and KYC compliance, BAM will close the user's account.
This analysis describes what Binance.US's agreement states, permits, or reserves. It does not constitute a legal determination about enforceability. Regulatory applicability and practical outcomes may vary by jurisdiction, enforcement context, and individual circumstances. Read our methodology
This provision establishes a direct operational consequence for non-compliance with information requests tied to legal obligations. For users holding cryptocurrency assets on the platform, account closure triggered by this provision would require resolution of any outstanding balances or positions.
The updated policy discloses that Binance.US collects Web3 wallet information including wallet addresses, token balances, transaction data, device identifiers, and timestamps. The company may now disclose pseudonymous wallet identity information (wallet ID) to third parties with read-only access to associated wallet balances and transaction history. Additionally, the policy states that data may be stored and processed both within and outside the United States, rather than exclusively in the US as previously stated. Users should review the updated policy to understand what wallet data is collected and how it may be shared.
View change record →The updated policy explicitly authorizes Binance.US to disclose customer information to law enforcement, government agencies, regulators, financial institutions, and industry partners to detect and prevent fraud, money laundering, terrorist financing, and other financial crimes. The policy also clarifies that email addresses and other identifiers collected by Binance.US may be used for targeted advertising on other websites and social media platforms. You can opt out of this targeted advertising use by emailing privacy@binance.us or submitting a request through the 'Your Privacy Rights' webform.
View change record →⚠ The terms state that failure to provide legally required information will result in account closure.
Cross-platform context
See how other platforms handle Mandatory Account Closure for Non-Provision of Legally Required Information and similar clauses.
Compare across platforms →"If you do not provide information required by law, we will have to close your account.Excerpt from Binance.US's Privacy Policy
1.
Enforcement risk, jurisdiction flags, contract triggers, and due diligence action items.
Get the weekly coverage letter
Companies change their terms without announcing it. We capture governance documents, compare each new version with the last, and publish what changed, with the source text behind it. One email a week on what we found and what we could not reach.
This provision establishes a direct operational consequence for non-compliance with information requests tied to legal obligations. For users holding cryptocurrency assets on the platform, account closure triggered by this provision would require resolution of any outstanding balances or positions.
No. ConductAtlas is an independent monitoring service. We are not affiliated with, endorsed by, or sponsored by Binance.US.