Binance.US, the American affiliate of global cryptocurrency exchange Binance, has reinstated US dollar deposits and withdrawals after nearly 18 months of restrictions. The company attributed this decision to increased regulatory clarity.

Binance.US said fiat services have been restored after the exchange was forced to go “crypto-only” due to the SEC’s “intimidating tactics.”

After a two-year hiatus, Binance US, the American arm of the leading cryptocurrency exchange, has announced the resumption of U.S. dollar deposits an

Binance.US, the American arm of the global cryptocurrency exchange Binance, has reinstated US dollar deposit and withdrawal services after nearly a year and a half. The resumption follows a period of regulatory challenges, including a lawsuit from the US Securities and Exchange Commission (SEC) in June 2023.

Binance US has officially resumed its US dollar services. US customers can make deposits and withdrawals in US dollars via bank transfer (ACH). This happens after 18 months of restrictions, claiming regulatory clarity.