Binance Wallet Issues General Notice on Prediction Markets Access and Risk Disclosures

Binance Wallet announced on X that its products and services may be restricted in certain regions. The announcement said the campaign and related products are not available to residents of the UAE, UK, EU, US, SG, HK, or other restricted jurisdictions, and that access is limited for users in those regions. It also stated that the notice is a general announcement and does not constitute financial or investment advice. The message added that participation involves significant risk, including the loss of capital. The announcement also included a disclaimer about Prediction Markets. Binance Wallet said Prediction Markets are not provided by Binance ADGM entities and can only be accessed if a user holds a Binance Wallet. It said Binance Wallet Services are provided by Binance Barbados Limited and are not under the supervision of the Financial Services Regulatory Authority or any other regulatory authority. Binance Wallet also said it does not sponsor, endorse, or guarantee third-party services. In addition, the notice stated that Binance does not act as the counterparty in any investments made through the Prediction Markets feature. The announcement said use of the feature involves significant risk, including financial risk, market volatility, regulatory risk, and third-party risks, and that users may lose part or all of what they have invested.