Big news for people who use Binance.US! After a long break, they can now add and take out US dollars again. This is important because it means people can easily buy and sell cryptocurrency using dollars. This all started because of a big legal fight.
The fight was between Binance.US and the government. The government said Binance broke some rules. Binance said they didn't.
Things are changing now, and Binance can let people use dollars on their app again.
- Binance.US users can deposit and withdraw US dollars.
- This was stopped for a while due to a legal issue.
- Binance faced a lawsuit from the SEC (government).
- The lawsuit is about rules for buying and selling cryptocurrency.
| Fact | Detail |
|---|---|
| Fine Paid | $4.3 Billion (Binance), $50 Million (Zhao) |
| Issue Started | June 2023 |
| Dollar Services Restored | February 2024 (approximately) |
