It is illegal in California to have a casino. It is not, however, illegal for me to go out of my way to drive to Nevada to in turn go to a casino. In this case, neither the casino nor I are doing anything wrong.

Now, maybe it could be illegal for me to gamble. Sometimes, this means it is then illegal for me to "jursdiction shop" by going on vacation somewhere specially with the purpose of doing something that would be illegal for me to do here.

I think, as an example, it is illegal for me to be in any way involve in betting on some kind of animal fight. This is something that I understand is legal in some other countries. I can appreciate jurisdiction shopping to be illegal.

But like, that's on me, right? If it is illegal for me to do something then I am the one at blame for doing whatever it is that was wrong. It isn't up to the random people in the other country to prevent me from doing the thing.

I thereby am having a very hard time thinking the US should have international jurisdiction over the entire world of people to require a non-US company from allowing US users to even use its site, requiring ID checks.

I admit: I like crypto. But I also hate both gambling and gamification. It is important to understand that the REASON I like crypto is because of stuff like this: I do not believe one country should have such global power.

Either it should be illegal for the firms in New York to set up all the shell companies and the individual retail traders to use VPNs to do a thing that could be illegal for them to do even if they jurisdiction shop...

...which would mean that any and all enforcement should be directed at them, not Binance, who wasn't trying hard to prevent anyone from doing this but frankly is doing more than I think the US has any right to demand!...

...or it should be narrowly illegal for someone in the US fo provide a venue for doing it. Saying it is illegal for anyone anywhere in the world to allow people from the US to do something "for their own good" is inane.

But so, I imagine a lot of people on this website are in at least some western country if not the US, and so it feels good to spread Western values everywhere; and hell: this website is also anti-crypto in general.

But to give you another example: are you selling software online? If you do, you have to KYC all of the people you sell to and collect VAT so you can remit it to the correct European authorities in each country.

There is sometimes a de minimus threshold, but the threshold isn't that high, it has been going down over time, and AFAIK some of the EU countries do not have any threshold. It isn't something you are supposed to ignore.

There is also a "convenient" one-stop shop so you can have a single registration and remit all of your taxes in a single currency, as the alternative before they started moving in this direction was complete madness.

But like, it isn't legal for you to be selling digital services and downloadable software with nothing but e-mail and PayPal: you need to be using IP addresses and billing addresses and then collecting/reporting.

Maybe that example--where right now many of the people on this website are doing something illegal today and maybe should be contacting some accountants and some international lawyers to figure it out--is elucidating.