Hi all,
My Binance account was opened just lately (after Binance France SAS obtained its PSAN registration). Per their Phrases, my "base" account (spot) seems to be underneath Binance France SAS.
But digging into the official Phrases web page, some merchandise — together with Simple 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 a while back (small quantity, nothing held there now).
Question: 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 on its own, or does it fall underneath the primary account's jurisdiction?
Curious if anyone's run into this actual cut up before.
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