Binance derivatives business expansion: Strategic significance and investment opportunities under the cryptocurrency regulatory landscape

Binance's derivatives market has 190 million users in 180 countries, but faces regulatory hurdles in the United States as state-level restrictions restrict users to access core services. Users are increasingly relying on VPNs and technical means to bypass geographical restrictions, which highlights the fragility and adaptability of the market. Despite Binance’s compliance measures, such as Binance.US (which is currently unavailable in more than 15 states), the exchange’s dominance depends on a balance between regulatory compliance and user-driven flexibility. Investors see the potential of U.S. market expansion and privacy tools, but risks include reputational damage caused by legal disputes and workarounds.