Today’s news comes as the company is under swift legal action from financial authorities in the land of Uncle Sam. These include Binance coin ( BNB ), Polygon ( MATIC ), and Solana (SOL) among others. For the time being, they will continue to be on offer on the platform. Interestingly, several of the cryptocurrencies that are present in the SEC’s lawsuit as alleged unregulated securities, are missing from this list. I recommend choosing a server in a country where Binance can be safely accessed e.g. dollars to buy crypto on the platform as early as June. Binance.US customers will no longer be able to use U.S. Plus, you can buy ExpressVPN in confidence with its money-back guarantee Connect to a server. The Binance logo is displayed on a screen in San Anselmo, California, June 6, 2023. This list includes notable examples such as Aave, Basic Attention Token ( BAT ), Bitcoin Cash (BCH), ZCash (ZEC), and Compound (COMP) along with dozens of other tokens.īitcoin will see the removal of eight trading pairs, including Cosmos ( ATOM ), Polkadot ( DOT ), and Tezos ( XTZ ) among others.īinance’s native stablecoin, BUSD, will lose its pair against Hedera Hashgraph ( HBAR ) and Harmony ( ONE ).īinance Condemns SEC’s ‘Blunt Weapons of Enforcement’ ExpressVPN has secure and reliable servers that can always access. SEC Seeks Emergency Order to Freeze Binance US AssetsĪmong the cryptocurrencies to be removed, the majority use the stablecoin Tether (USDT) as its pair. According to a press release, these actions will go into effect on the morning of June 8.
The platform has also released its coin named Binance Coin (BNB). What is Binance Binance is a platform that has a wide selection of alt-coins available in its exchange. More than 48 of Binance users are hobbyists. Binance.US also announced that it is pausing its Over-The-Counter (OTC) desk. Can you use Binance in the US Due to US regulations, American citizens have been blocked from accessing Binance’s main site. In 2021, 28.6 million people used Binance.
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