en
Back to the list

Breaking: Binance US Loses Its FDIC-Insured Status, Halts All USD Withdrawals

source-logo  coingape.com 17 October 2023 16:40, UTC

The world’s largest crypto exchange Binance’s U.S.-based subsidiary Binance.US has lost its FDIC-insured status, the crypto exchange informed its customers in an email on Tuesday. Binance US has updated the terms of use with changes to deposit insurance language following guidance from the Federal Deposit Insurance Corporation (FDIC).

coingape.com