PANews reported on December 19 that according to Decrypt, Binance.US plans to resume US dollar trading services in early 2025. This is the first major adjustment since the suspension of fiat currency trading in June 2023 due to SEC charges. Interim CEO Norman Reed said that the resumption of fiat currency services is the most anticipated feature by users, and the platform is working with new partners to expand custody and wallet solutions. Despite regulatory pressure, Binance.US has supported 160 cryptocurrency transactions and more than 20 asset pledges in the past 17 months, and insisted that no misconduct has been found. The company's goal is to help the development of the cryptocurrency industry and provide more options for American users.
Binance.US plans to resume its USD services in early 2025
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