Suspension

Binance.US Reacts to Regulatory Crackdown with Suspension of USD Deposits

Binance.US, a cryptocurrency alternate, launched on Thursday its option to droop U.S. dollar deposits, whereas its banking companions are on the brink of briefly halt fiat dollar withdrawal channels starting from June 13. This switch comes merely days after Binance and its CEO, Changpeng Zhao, had been sued by U.S. regulators. In a tweet at … [Read more…]

US Congress Unites to Stay away from Catastrophic Default, Passes Debt-Limit Suspension Bill

The U.S. Senate effectively accepted a bipartisan bill, supported by President Joe Biden, that eliminates the federal authorities’s $31.4 trillion debt ceiling. This movement prevented the incidence of a historic default. The Senate voted 63-36 in favor of the bill, which had already been handed by the House of Representatives the previous day. Lawmakers have … [Read more…]