2023-10-17 19:15 |
In an Oct. 16 update to Binance.US’s terms of service for the exchange, a clarification was made that digital assets do not qualify for FDIC insurance coverage.
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Binance.US blocks USD withdrawals and rescinds insurance for USD deposits. The post Binance.US Axes FDIC Insurance and Dollar Withdrawals Following Regulatory Consultation appeared first on BeInCrypto.
2023-10-17 16:45 | |
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Cryptocurrency exchange Binance US has withdrawn FDIC insurance for user funds. The exchange faces regulatory heat from the US Securities and Exchange Commission (SEC). The SEC lawsuit ramifications are spilling over.
2023-10-17 16:08 | |
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Dollar deposits in user wallets are no longer eligible for FDIC insurance protection, according to the updated terms of use.
2023-10-17 15:14 | |
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Meanwhile, Binance CEO CZ says as much as 97% of its users go through KYC and that regions like Singapore, France, and Dubai “understand the importance of attracting crypto businesses.” The post Banking Watchdog Warns of Highly Cautious Approach to Crypto from OCC, Fed, and FDIC first appeared on BitcoinExchangeGuide.
2021-11-18 17:13 | |
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У пользователей криптовалютной биржи Binance US появилась возможность покупать биткоин и другие активы с помощью дебетовых карт. Об этом площадка сообщила 1 ноября. По словам представителей биржи, теперь средства пользователей застрахованы Федеральной корпорацией по страхованию вкладов США (FDIC).
2019-11-4 12:55 | |
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Депозиты в долларах США в американском филиале биржи криптовалют Binance теперь застрахованы Федеральной корпорацией по страхованию вкладов (FDIC). Как сообщается в блоге биржи, площадка хранит депозиты своих клиентов в долларах США на «общих кастодиальных счетах» в банках, которые застрахованы FDIC.
2019-10-22 14:00 | |
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The U. S. branch of the largest crypto exchange in the world, Binance US, has recently announced that now its customers will be partially insured by the Federal Deposit Insurance Corporation (FDIC).
2019-10-19 18:25 | |
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All US Dollar deposits on Binance. US’s platform are now eligible for Federal Deposit Insurance Corporation [FDIC] insurance coverage. According to a blog post published on its official website, the United States-dedicated wing of Binance stated that all the US Dollar deposits are held in “pooled custodial accounts” at numerous banks that are FDIC insured.
2019-10-19 12:30 | |
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U.S. dollar deposits on Binance.US are now eligible for FDIC insurance coverage up to $250,000 per depositor
2019-10-19 23:10 | |
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The Federal Trade Commission (FTC) permanently banned bankrupt lender Celsius (CEL) Network “from offering, marketing, or promoting any product or service that could be used to deposit, exchange, invest, or withdraw any assets,” according to a July 13 statement.
Quick Take Bitcoin has broken above $31,000. This is on the back of the DXY index dropping below 100 for the first time in 15 months. Crypto markets have been enjoying a bump since news broke this morning of Ripple’s largely victorious summary judgment in its case against the SEC.
The regulator said Celsius “squandered billions in user deposits” after “duping” customers into depositing funds.
Pietro Poretti, the city of Lugano’s director of the economic development division, said that the goal is to allow people to live in the city using only Bitcoin.
Of all the Securities and Exchange Commission’s actions against crypto entities that have stirred the industry’s ire, the agency’s recent move forcing New York-based Paxos to cease issuing its partner Binance’s BUSD stablecoin is the most deserving of an outcry.
In an objection to Voyager’s proposed restructuring plan, the commission argued some of the involved parties should not be exempt from certain financial claims in the future.