Questions tagged [US]

Giulia Tue Oct 01 2024 | 7 answers 1790

Could you please elaborate on why Contracts for Difference (CFDs) are considered illegal in the United States? Are there any specific regulations or laws that prohibit their trading within the country? Are there any potential risks or concerns associated with CFDs that have led to their ban? Understanding the reasoning behind this decision would help me gain a clearer perspective on the matter.

ZenMindfulness Tue Oct 01 2024 | 0 answers 0

I'm curious to know if Gate.us, a cryptocurrency exchange platform, is accessible for users located in the United States. With the increasing popularity of digital currencies and the various regulations surrounding them across different jurisdictions, it's essential to understand the availability and compliance of such platforms. Is Gate.us compliant with US regulations and accessible to American citizens or residents? Are there any specific restrictions or limitations that US-based users should be aware of when using this platform?

Daniele Tue Oct 01 2024 | 5 answers 1062

I'm curious, do individuals in the United States need to report and pay taxes on their profits or losses from forex trading? If so, how does the taxation process work? Are there any specific rules or exemptions that traders should be aware of? And how does the IRS track and enforce these tax obligations? I'd love to understand the nuances of forex trading taxation in the US.

Elena Tue Oct 01 2024 | 7 answers 1373

Hey there, I've been hearing some rumors about Binance and its availability in the United States. I'm curious, is Binance actually banned in the US? If so, what's the reason behind the ban and what alternatives do US-based crypto traders have? Also, is there any way for US residents to still access Binance's services, or are they completely cut off? I'd love to hear your insights on this matter.

LightningStrike Tue Oct 01 2024 | 6 answers 1232

Could you please elaborate on which cryptocurrency exchanges are considered legal and operational within the United States? Are there specific regulations or licenses that these exchanges need to comply with in order to be considered legitimate? Additionally, are there any notable exchanges that have faced legal challenges or have been banned from operating in the US, and why? Understanding the legal landscape for crypto exchanges in the US is crucial for investors and traders looking to navigate this rapidly evolving market.