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The U.S. faction of Binance will no longer allow users to trade the U.S. dollar on its platform, the crypto exchange operator announced late Thursday, after banking partners began cutting off the ...
CEO Richard Teng calls the SEC’s move a 180 degree shift and outlines Binance’s growth, product innovations and U.S. strategy ...
Shares of Coinbase, a Binance competitor, have more than tripled since early January. Collectively, the market value of major cryptocurrencies has grown by $600 billion this year. Despite the ...
In recent days, the company said, its banking partners had signaled that they would no longer facilitate the movement of dollars on and off Binance.US’s platform. The Securities and Exchange ...
Binance, the world’s largest crypto exchange, said it would temporarily halt transfers of US dollars starting Wednesday. “Only a small proportion of our users will be impacted by this and we ...
Binance.US users can no longer withdraw dollars directly from the platform after the exchange updated its terms of use on Monday. "In the event that customers wish to ...
Binance.US, Binance’s U.S. affiliate that claims to operate independently, said late Thursday that it is suspending U.S. dollar deposits “to protect” its customers and platform.