Then you either are not operating from inside the US, or trying to do anything the centralized overlords don't approve of...

I rarely bother, but, the fact is US persons are undesirable peers in many international playgrounds. Because they don't want to have to deal with our overbearing Nanny-State.

For instance, lnmarkets.com

Not that I'm suggesting anyone gamble there, but it can also be used with 'covered short' hedge positions using leverage carefully to minimize the sats trusted to their custody.