![]() ![]() Depending on how this play out, temporary could easily mean something more permanent or at least issues may persist longer than expected. This is referred to as "temporary" as Binance claims that the halt on USD trading will last “until we secure more stable banking partners”. Further to this Binance also said that “With a freeze of all corporate assets, banking partners would most likely cease to honor requests to transfer funds for any purpose, including customer redemptions”.īinance US has already announced "temporary" removal of fiat "/USD" quoted pairs such that they are in a sense going crypto-only. It describes the situation and potential outcome of the motion if approved as Binance operations would “would quickly grind to a halt” if the motion goes through. Binance filed document #40 titled "Memorandum in opposition to re #4 Motion for TRO". In an obvious tough spot, Binance US is facing having all their assets frozen due to a motion by the SEC presuming the court rules in favour of the motion. r/CryptoCurrencyMemes r/CryptoCurrency_Tech r/CryptoMarkets r/CryptoRecruiting r/Best_of_Crypto r/BitcoinMarkets r/BitcoinMining r/CryptoTrade r/Ethfinance r/EthTrader r/Jobs4Crypto r/Liberland r/NFT r/OpenBazaar r/GPUmining Binance.US collects a small spread between the buy and sell price of an asset. ![]() Mastering Ethereum (Open Source book) Exchanges IBM's ZeroToBlockchain (Free learning resources)
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