2 years ago
Binance.US says it's transitioning to an all-crypto speech arsenic of June 13, citing pressures from the U.S. Securities and Exchange Commission (SEC), which targeted the institution with a large enforcement enactment this week.
In a tweet, the U.S. limb of Binance said it's temporarily transitioning to an all-crypto exchange, and the institution said trading, staking, deposits and withdrawals successful crypto stay afloat operational.
USD deposits volition beryllium suspended arsenic of June 9, and USD-based trading pairs volition beryllium de-listed soon after, the speech said.
“While we stay unfastened to a productive compromise that enables a thriving integer plus marketplace successful America, Binance.US volition proceed to vigorously support ourselves, our customers and the manufacture against the meritless attacks of the SEC,” the speech tweeted.
Binance's BNB coin remains unchangeable astatine $260.24. The token, which was accused of being a information by the SEC, is down 15% implicit the past week.
On Tuesday, the SEC filed for a impermanent restraining bid to frost definite assets tied to Binance.US. The 2 are owed backmost successful tribunal connected June 13 regarding the substance — the aforesaid time Binance.US says it's transitioning to an all-crypto exchange.
The SEC has besides accused Binance of directing $12 billion to firms controlled by CEO Changpeng Zhao, a assertion that Zhao and Binance some deny.
Edited by Jesse Hamilton.
English (US) 