"Binance, which last December clocked in a staggering $20 billion in trading volume within a 30-day period in this bear market, has been reluctant to bend to the will of government regulators—seldom making concessions of any sort. The crypto exchange is largely regarded as employing much less restrictive know-your-customer and anti-money-laundering requirements than other leading exchanges, and its token launch platform—Binance Launchpad—hosts fully fledged ICOs (thought it excludes investors from the United States, among other countries)."
https://decryptmedia.com/5985/binance-seeking-diplomatic-immunity-avoid-regulators-say-cryptofund-execs
https://decryptmedia.com/5985/binance-seeking-diplomatic-immunity-avoid-regulators-say-cryptofund-execs