The post Binance.US No Longer FDIC-Insured, Halts USD Withdrawals appeared first on Coinpedia Fintech News
Binance.US has officially ceased allowing users to withdraw U.S. dollars directly from their accounts. This decision came to light when the platform updated its terms of use. Now, if users wish to withdraw U.S. dollar funds, they must first convert these funds to stablecoin or other digital assets, which can then be withdrawn. The updated …