Binance.US resumes USD deposits and withdrawals after regulatory hurdles, introducing new trading features and aiming for market stability.

Binance.US, the American affiliate of global cryptocurrency exchange Binance, has reinstated US dollar deposits and withdrawals after nearly 18 months of restrictions. The company attributed this decision to increased regulatory clarity.

Binance.US said fiat services have been restored after the exchange was forced to go “crypto-only” due to the SEC’s “intimidating tactics.”

Binance.US said its customers will soon be able to deposit and withdraw US dollars on the crypto exchange for the first time in almost two years.

Binance.US restores USD deposit and withdrawal services under Biden administration, faces regulatory restrictions but remains operational.

Binance.US, the American arm of the global cryptocurrency exchange Binance, has reinstated US dollar deposit and withdrawal services after nearly a year and a half. The resumption follows a period of regulatory challenges, including a lawsuit from the US Securities and Exchange Commission (SEC) in June 2023.

Binance US has officially resumed its US dollar services. US customers can make deposits and withdrawals in US dollars via bank transfer (ACH). This happens after 18 months of restrictions, claiming regulatory clarity.