Hello all,
My Binance account was opened lately (after Binance France SAS received its PSAN registration). Per their Phrases, my "base" account (spot) seems to be beneath Binance France SAS.
But digging into the official Phrases page, some merchandise — together with Easy Earn — are listed as operated by a separate entity, Nest Providers Restricted / Nest Trade Restricted, based mostly in Abu Dhabi beneath an ADGM license, not Binance France SAS.
I used Earn briefly some time again (small quantity, nothing held there now).
Query: for a "combined" account like this (spot beneath a French entity, Earn underneath a overseas one), does the foreign-entity portion nonetheless trigger a foreign-account reporting obligation by itself, or does it fall beneath the primary account's jurisdiction?
Curious if anyone's run into this actual cut up earlier than.
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