Binance to Restrict Accounts Without KYC

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Coinspeaker
Binance to Restrict Accounts Without KYC
Binance Holdings Ltd, one of the world’s biggest crypto exchanges is currently in the news as it announces plans to restrict accounts without Know Your Customer (KYC) verification. According to the announcement, only verified and compliant customers will be granted access to their sub-accounts.
Accounts Under Scrutiny by Binance
Customers who face the chance of being restricted are sub-accounts created by Exchange Link account holders under the Binance Link Program. This is in addition to non-trading accounts created specifically for asset deposits.
Accounts that have failed to comply with KYC criteria since March 20 have been restricted, while unverified sub-account holders have received an ultimatum. Binance added that non-compliant sub-accounts will suffer complete limitations on May 20, preventing them from using Binance Link Program services.
Exchange Link account holders have been given a KYC link, where they can

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