Binance.US Reopens USD Operations
Date: 2025-02-20 Author: Gabriel Deangelo Categories: BUSINESS
Customers can once again deposit and withdraw dollars via bank accounts, make crypto purchases via ACH, and participate in USD pair trading. Full access to all services will be restored in the coming days.
The available features include:
1. USD deposits and withdrawals;
2. Cryptocurrency trading for USD;
3. Conversion between USD and digital assets;
4. USD currency pair trading;
5. Scheduled crypto purchases.
Binance.US has restricted dollar operations in the summer of 2023 after the SEC filed a lawsuit against the company, citing the lack of registration of its US subsidiary.
Recently, on February 10, Binance and the SEC jointly requested a 60-day stay of the lawsuit. This decision is related to the work of the special group on digital assets and possible changes in the legislation regulating the crypto industry.
