With a crypto-friendly regime expected to take over the Securities and Exchange Commission after Donald Trump’s inauguration, Binance.US plans to reinstate its links to the U.S. banking system. In a blog post, the U.S. affiliate of top global cryptocurrency exchange Binance announced that it expects to begin allowing customers to on- and off-ramp U.S. dollars early next year. “While I can’t provide a definitive launch date yet, let me be clear: It is not a matter of if, but when,” said interim CEO Norman Reed in a Dec. 18 blog post. “As I’m writing this, we are closer than ever to restoring USD services, and our plan is to achieve this important milestone in early 2025.” To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io
