Binance.us, exchange of cryptocurrencies subject to American customer service, recently witnessed the US dollar Fiat services have been restoredAfter the company’s ability to deal with dollars deposits was suffocated and withdrawn from existence under Biden management.
Fiat Services begins on Wednesday and will be gradually presented to all qualified customers in the coming days, Binance said. The company said in a press statement that the users will be able to deposit and withdraw the US dollar using zero fees using bank transfer (ACH), and to continue to buy, sell, transfer and circulate more than 160 cryptocurrencies.
The Securities and Exchange Committee (SEC), led by President Gary Ginsner, after FTX, decided that Binance.us It should be guilty of somethingAnd the organizer did her best to get rid of the company. Despite the loss of billions in business and forcing them to reduce 70 % of its employees, Binance.us continued to work as a recovery for exchange only from July 2023 to the present day.
“Before we lost Fiat, we were the neck and neck with Kaken as a second or third American exchange, but it is clear that we have retracted thanks to the CokokePoint 2.0 and SEC process and all this chaos.” Officer Christopher Bloodgit in an interview.
“We have taken some very difficult but healthy decisions in terms of our cost structure and the correct scaling, and we were never more size or more ready to offer an excellent product at a reasonable price – and today,” he said.
Blodgett said that the company currently has many banking partners in this mix, in addition to the company that lives with it today, which has not been called at this time.
Binance.us is affiliated with the World Binance platform, but it works as a separate American company.
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