Binance.US collects biometric data from users as part of its identity verification process, which is required to open and maintain an account on the platform.
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
Biometric data such as facial recognition scans or fingerprints is among the most sensitive categories of personal information and is subject to strict state-level legal protections in Illinois, Texas, and Washington, among others. The policy discloses this collection but does not specify the retention schedule, the third-party processors involved, or the precise consent mechanism employed.
Interpretive note: The policy discloses biometric data collection but does not specify modality, retention period, or consent mechanism, creating ambiguity about whether current practices satisfy BIPA and analogous state requirements.
The updated policy now explicitly authorizes collection of Web3 wallet information including wallet addresses, token balances, transaction data, device identifiers, and related metadata. Under the revised terms, Binance.US may disclose pseudonymous wallet information (including read-only access to associated balances and transaction history) to third parties. Additionally, the policy no longer restricts data storage to the United States; data may now be stored and processed both within and outside the country. The updated language does not specify an opt-out mechanism for Web3 wallet data collection.
View change record →The updated privacy policy now discloses that Binance.US collects information from interactions with AI chatbots, including prompts, market research, and uploaded information. The policy states this data may be shared with OpenAI, which according to the revised language may receive information about your account, portfolio, and communication contents along with associated metadata. The updated terms also broaden the stated use of personal information to include generating interactive responses through AI chatbots that provide market research and portfolio-specific analysis, as well as collecting inferences about your service use. Your continued use of the platform constitutes acceptance of these updated data collection and sharing practices.
View change record →The updated policy explicitly authorizes Binance.US to disclose user 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. This establishes a new disclosure authority that was not previously explicitly stated. Additionally, the revised language discloses that email addresses and other identifiers collected by Binance.US may be used for tailored advertising on other websites and social media platforms. The policy now provides a 'Your Privacy Rights' webform in addition to email contact as a mechanism for submitting privacy rights requests and appeals. You can submit privacy rights requests through privacy@binance.us or by using the company's 'Your Privacy Rights' webform.
View change record →New explicit disclosure of biometric data collection during KYC processes represents a significant privacy expansion that was not previously disclosed.
View full change record →Users of Binance.US are required to submit biometric data during the identity verification process. This data is highly sensitive and, depending on the user's state of residence, may be subject to additional legal protections that govern how long it can be retained and whether explicit written consent is required before collection.
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"This Privacy Policy describes how Binance.US and its related companies and affiliates ('BAM') collect, use, and disclose information, and your choices regarding this information. BAM collects biometric data collected during identity verification.Excerpt from Binance.US's Privacy Policy
REGULATORY LANDSCAPE: The collection of biometric identifiers and biometric information engages the Illinois Biometric Information Privacy Act (BIPA, 740 ILCS 14), which requires a publicly available written retention and destruction policy, written consent prior to …
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Biometric data such as facial recognition scans or fingerprints is among the most sensitive categories of personal information and is subject to strict state-level legal protections in Illinois, Texas, and Washington, among others. The policy discloses this collection but does not specify the retention schedule, the third-party processors involved, or the precise consent mechanism employed.
Users of Binance.US are required to submit biometric data during the identity verification process. This data is highly sensitive and, depending on the user's state of residence, may be subject to additional legal protections that govern how long it can be retained and whether explicit written consent is required before collection.
ConductAtlas has identified this type of provision across 290 platforms. See the full comparison.
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