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
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 →How other platforms handle this
If the Services are made available to you through an organization (e.g., your employer), we retain your information as long as required by the administrator of your account.
We may continue to retain some information even after you delete your account if we are required to do so in order to comply with applicable laws.
We store the information we collect for as long as it is necessary for the purpose(s) for which we originally collected it.
"BAM will retain biometric data as part of customer identification information for the retention period required by financial laws and regulations.Excerpt from Binance.US's Privacy Policy
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The clause states: “BAM will retain biometric data as part of customer identification information for the retention period required by financial laws and regulations.”
ConductAtlas has identified this type of provision across 268 platforms. See the full comparison.
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