Binance.US plans to resume its USD services in early 2025

PANews reported on December 19 that according to Decrypt, Binance.US plans to resume U.S. 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 accusations. Interim CEO Norman Reed said that the restoration of fiat currency services is the most anticipated feature of users, and the platform is working with new partners to expand custody and wallet solutions. Despite regulatory pressure, Binance.US has supported trading in 160 cryptocurrencies and staking of more than 20 assets over the past 17 months, insisting that no wrongdoing has been discovered. The company's goal is to help develop the cryptocurrency industry and provide American users with more choices.