Binance resumes USD deposit and withdrawal services for US customers

Binance.US, the US subsidiary of global cryptocurrency exchange Binance, has resumed US dollar deposit and withdrawal services after approximately 18 months of restrictions.
On the 19th (local time), Binance announced that "US customers can link their bank accounts to deposit and withdraw USD, purchase cryptocurrencies via bank transfer (ACH), and exchange USD."
"The resumption of service will be gradually applied to all eligible customers over the next few days," the company said.
In June 2023, Binance suspended deposits of US dollars (USD) after being sued by the U.S. Securities and Exchange Commission (SEC).
The exchange allegedly did not register as an exchange, which led to the exchange suspending US dollar deposits immediately after the lawsuit.