Binance.US Resolves USD Withdrawal Issues and Hires Former DOJ Prosecutor for SEC Lawsuit Defense.
TL;DR
Binance.US has resolved all USD withdrawal issues on the crypto exchange, but warns banking partners may terminate the service in the near future and recommends converting USD fiat balances to stablecoins. The exchange also announced new USDT pairs for digital assets and will remove most USD Advanced Trading pairs. Meanwhile, USDT continues to depeg on Binance.US, falling to 0.96 against USD. Binance.US filed a motion against the SEC for contradictory statements around its alleged “commingling” of client assets.
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