Sandali Handagama / CoinDesk:

Binance.US updates its terms of use to stop direct withdrawals of USD, saying users must first convert “US dollar funds to stablecoin or other digital assets”  —  U.S. dollar deposits in user wallets are no longer eligible for FDIC insurance protection, according to the updated terms of use.

Sandali Handagama / CoinDesk:

Binance.US updates its terms of use to stop direct withdrawals of USD, saying users must first convert “US dollar funds to stablecoin or other digital assets”  —  U.S. dollar deposits in user wallets are no longer eligible for FDIC insurance protection, according to the updated terms of use.

Source: TechMeme
Source Link: http://www.techmeme.com/231017/p23#a231017p23