Binance.US prepares to restore USD services in early 2025
Binance.US, the U.S. subsidiary of the world's largest cryptocurrency exchange, announced that it plans to resume its services in U.S. dollars in early 2025. This move represents a significant change following the regulatory restrictions it faced since 2023.
Norman Reed, interim CEO of Binance.US, expressed optimism about the future of the platform, highlighting that they are "closer than ever" to achieving this goal. Reed also emphasized the company's commitment to security and regulation, mentioning that they are working on new partnerships to expand custody services and wallet solutions.
This resumption of USD services could revitalize Binance.US's user base and restore confidence among U.S. investors, marking a crucial moment for the exchange after a tumultuous year.
