Is US banned from Binance?

Hello there, I've been hearing some rumors lately about the US being banned from Binance. Can you clarify the situation for me? Are US citizens or residents restricted from using Binance for cryptocurrency trading or other financial activities? If so, what are the specific regulations or policies in place that have led to this ban? And are there any alternatives or workarounds that US users can consider? Thank you for your time and assistance in clarifying this matter.