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Binance US Reinstates USD Services After Nearly 3 Years

  • The US arm of Binance, the world's largest cryptocurrency exchange, has restarted USD-based services after a three-year hiatus.
  • USD-based services include deposits, withdrawals, direct purchases, conversions, trading, recurring buys, staking, claiming a crypto domain, OTC trades, API trading, and institutional platforms.
  • Binance US halted USD-based services in 2023 after being sued by the SEC, resulting in a drop in market share and staff cuts.
  • Despite the SEC lawsuit against Binance still being active, the case has been temporarily paused for 60 days in early February.

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