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Binance Resumes Services After AWS Outage Disrupts Withdrawals

  • Cryptocurrency exchanges Binance and KuCoin temporarily suspended withdrawals due to a network interruption in AWS data center.
  • Binance resumed withdrawals after the problem was reported, but customers still experienced trading issues.
  • Stablecoin proponents aim to make stablecoins a programmable financial infrastructure, but the last mile needs to be solved for mass adoption and spending.
  • Regulation is crucial for industry confidence in using stablecoins at scale.

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