According to Foresight News and reported by Decrypt, Binance.US plans to resume USD services in early 2025. The platform has been operating under restricted bank access since June 2023, when a civil lawsuit by the U.S. Securities and Exchange Commission (SEC) prompted the suspension of its USD deposits and withdrawals. Interim CEO Norman Reed stated in a declaration, 'While I can't provide an exact launch date yet, let me be clear: it's not a question of whether we will launch, but when we will launch.'
Previously, Binance CEO Richard Teng stated, 'It is still too early to discuss Binance's re-entry into the U.S. market.'
