Oct 17, 2023 | Banking News
Binance.US Removes FDIC Coverage for Cryptocurrency Deposits In a recent update to its terms of service, Binance.US clarified that digital assets no longer qualify for FDIC insurance coverage. This change has sparked concerns among cryptocurrency holders who have...
Oct 17, 2023 | Banking News
The Federal Trade Commission (FTC) has recently announced a settlement with the bankrupt crypto company Voyager. The settlement is in relation to the company’s alleged deceptive crypto marketing practices. Despite the bankruptcy, the FTC is still pursuing legal...
Oct 17, 2023 | Banking News
Binance.US Crypto Deposits Lose FDIC Insurance Coverage Binance’s American entity, Binance.US, has officially informed its customers that their digital assets held on the exchange are no longer Federal Deposit Insurance Corporation (FDIC) insured. This change follows...
Oct 17, 2023 | Banking News
Binance.US Makes a Significant Policy Shift One of the leading crypto platforms, Binance.US, the American subsidiary of the globally recognized Binance, recently relayed some crucial information to its users. The crypto exchange communicated through an email that it...
Oct 17, 2023 | Banking News
Binance.US Rescinds FDIC Insurance Offering Binance.US, the American arm of the popular cryptocurrency exchange Binance, has announced that it is no longer offering Federal Deposit Insurance Corporation (FDIC) insurance for customer deposits. This decision comes after...
Oct 17, 2023 | Banking News
Binance.US, the popular cryptocurrency exchange, recently made changes to its terms of service that have raised some concerns among its customers. In an email sent to account holders, Binance.US announced that it would no longer be providing FDIC insurance for...
