FYI binance us is dropping support in several states

I just got a message though the app saying binance us is dropping support September and that I should unstake my stuff. Researching this, it appears over the past day a few others in a few states have gotten this message or email.

I sent support a message to clear up what exactly is being dropped.

(note I've been out of the loop for a bit. And if you are too. It seems revoke or decline their money transmitter licenses. Which basically means they can't move money around. However looking it up this doesn't stop a company from trading crypto for crypto or staking. But given they seem to end staking. I am assuming they are stopping all services in the given states.)

If I hear back I will update this.

Update they said

"Due to regulatory developments in North Carolina, Binance.US will suspend operations for North Carolina customers after September 10, 2024.

We encourage you to prepare for the wind down process by reviewing your balances and withdrawing all funds from your Binance.US account before September 10, 2024. After this date, any remaining balance left in your account may require Binance.US to begin the due diligence process of escheatment and turn over those funds to the North Carolina Department of State Treasurer's Unclaimed Property Program within their escheatment time frames.

As part of the escheatment process, Binance.US may be required to convert your crypto balance(s) to U.S. dollars (USD), which may create taxable event(s). To avoid the risk of escheatment, we strongly encourage you to withdraw all funds from Binance.US. If your current residential address is located in a supported state, you may continue using Binance.US by updating your personal information to a non-North Carolina residential address."

I got another message saying requesting me to to unstake by August or prior and make sure I transfer out by September or prior.