17 October 2023

Binance.US updates its terms of use to stop dollar withdrawals, saying users must convert "US dollar funds to stablecoin or other digital assets" (Sandali Handagama/CoinDesk)

Sandali Handagama / CoinDesk:
Binance.US updates its terms of use to stop dollar withdrawals, saying users must convert “US dollar funds to stablecoin or other digital assets”  —  U.S. dollar deposits in user wallets are no longer eligible for FDIC insurance protection, according to the updated terms of use.

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