> if Binance were to simply say “we now accept US citizens” — the trading cited here would be allowed
No, it wouldn't. Derivatives exchanges and swaps settlement requires licenses, e.g. from the CFTC. Also, the swaps analog for accredited investor is eligible contract participant (ECP) [1].
No, it wouldn't. Derivatives exchanges and swaps settlement requires licenses, e.g. from the CFTC. Also, the swaps analog for accredited investor is eligible contract participant (ECP) [1].
[1] https://www.cftc.gov/sites/default/files/idc/groups/public/@...