SEC Backs Down: Binance.US Blasts Back With Full USD Access

Hold onto your wallets, folks! Binance.US is back in the game as the SEC throws in the towel, bringing USD services back to life like a zombie in a bad horror movie! 💰👻

SEC’s Epic Fail: Binance.US Celebrates Like It’s 1999!

So, guess what? On May 29, Binance.US announced that the U.S. Securities and Exchange Commission (SEC) has officially dropped its lawsuit. That’s right, folks! The long, drawn-out legal drama is over, and Binance is popping champagne like it just won the lottery! 🥳🍾 They’re calling this a massive win, claiming they never broke any U.S. securities laws. Who knew? Maybe the SEC was just having a bad day? 🤷‍♀️

Right after the legal news broke, Binance.US took to social media (because where else do you share your triumphs?) to announce:

USD services are live! Effective immediately, ALL customers can now deposit USD and buy crypto using bank transfer (ACH). Case closed: Binance.US is officially back! 🎉

This announcement is like the grand reopening of a diner that serves the best fries in town. Customers can now deposit and buy crypto without those pesky fees. And guess what? User activity shot up faster than a cat meme going viral! 🐱💥

Binance.US is giving a shoutout to the U.S. courts for standing up against what they call regulatory overreach. They’re also giving a nod to the new SEC Chairman, Paul Atkins, for finally deciding to play nice. The platform now supports over 170 cryptocurrencies—because why not? More coins, more fun! 🎊

In the midst of all this, the SEC is having its own shake-up, with Gary Gensler packing his bags. Several lawsuits against crypto firms have been dropped, which some are calling a much-needed reality check. Binance.US, which is like the cool cousin of the global Binance platform, was launched in 2019 to play by the rules. The SEC’s original lawsuit from June 2023 also targeted Binance and its founder, Changpeng Zhao (CZ), who decided to take a step back and plead guilty to some other charges. With all that drama behind them, Binance and Binance.US are ready to ride the wave of a new regulatory landscape! 🌊🚀

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2025-05-31 02:57