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)

October 17, 2023

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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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