{"id":80659,"date":"2023-06-23T12:21:19","date_gmt":"2023-06-23T09:21:19","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=80659"},"modified":"2025-09-11T18:17:55","modified_gmt":"2025-09-11T15:17:55","slug":"binance-us-unfreezes-withdrawals-for-the-near-future","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/binance-us-unfreezes-withdrawals-for-the-near-future\/","title":{"rendered":"Binance.US unfreezes withdrawals for the near future"},"content":{"rendered":"<p>The American arm of the cryptocurrency exchange Binance announced a resolution to the problems surrounding USD withdrawals. The company warned that the situation could change in the near future.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Reminder: As we transition to a crypto-only exchange, <a href=\"https:\/\/t.co\/gM6e3xb9BX\">https:\/\/t.co\/gM6e3xb9BX<\/a> will remove select USD Advanced Trading pairs from our platform on 6\/26 at 8 p.m. PDT \/ 11 p.m. EDT.<\/p>\n<p>While USD withdrawals remain fully operational, we encourage you to use, withdraw, or convert your\u2026 <a href=\"https:\/\/t.co\/LWDWVvwtoq\">pic.twitter.com\/LWDWVvwtoq<\/a><\/p>\n<p>\u2014 Binance.US Customer Support (@BinanceUShelp) <a href=\"https:\/\/twitter.com\/BinanceUShelp\/status\/1671981637276409859?ref_src=twsrc%5Etfw\">June 22, 2023<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>&#8220;While withdrawals in US dollars remain possible, we recommend that you use, withdraw, or convert fiat into stablecoins to continue trading cryptocurrencies. We expect that our banking partners will stop processing withdrawal orders in the near future,&#8221;<\/em> \u2014 the message to customers said.<\/p>\n<\/blockquote>\n<p>On June 9, Binance.US <a href=\"https:\/\/u1f987.com\/en\/news\/binance-us-to-suspend-usd-deposits\">announced a suspension of USD-denominated deposits<\/a> and urged customers to withdraw their fiat funds by June 13.<\/p>\n<p>At that time, the company warned that banks were ready to suspend processing USD withdrawal orders. To date, those fears have not materialized.<\/p>\n<p>On June 22, the platform also announced the delisting of cryptocurrencies paired with the US dollar. The exceptions will be BTC, ETH, ADA, BNB, LTC, MATIC, SOL, VET, USDC and USDT.<\/p>\n<p>Earlier on June 5, <span data-descr=\"U.S. Securities and Exchange Commission\" class=\"old_tooltip\">SEC<\/span> <a href=\"https:\/\/u1f987.com\/en\/news\/sec-files-suit-against-binance-and-changpeng-zhao\">filed suit<\/a> against Binance and its CEO Changpeng Zhao. The agency brought 13 charges, including selling unregistered securities.<\/p>\n<p>On June 6, the Commission <a href=\"https:\/\/u1f987.com\/en\/news\/sec-seeks-to-freeze-assets-held-by-binance-us\">filed a motion<\/a> to freeze the digital assets of Binance.US. On June 14, the court ordered the regulator and the US cryptocurrency exchange to reach a compromise to ensure the protection of client assets with a view to allowing the platform to continue operating.<\/p>\n<p>On June 17, the parties<a href=\"https:\/\/u1f987.com\/en\/news\/sec-and-binance-strike-deal-over-customer-assets-in-the-united-states\"> reached an agreement<\/a> on client assets in the United States. It was approved by the court.<\/p>\n<p>Under the agreements, Binance.US will share detailed information about its operating costs. Staff at Binance&#8217;s international arm will lose access to wallet private keys and other tools of the US subsidiary.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The US arm of the cryptocurrency exchange Binance announced a resolution to the problems surrounding USD withdrawals. The company warned that the situation could change in the near future.<\/p>\n","protected":false},"author":1,"featured_media":80660,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1229,744,36],"class_list":["post-80659","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-banks-and-fintech","tag-binance","tag-regulation"],"aioseo_notices":[],"amp_enabled":true,"views":"30","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/80659","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=80659"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/80659\/revisions"}],"predecessor-version":[{"id":80661,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/80659\/revisions\/80661"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/80660"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=80659"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=80659"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=80659"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}