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GM Brew Crew, as we start off the weekend, let us be your reminder to mix a water in. We will always keep it real with you, but before you get too excited for tonight, join us for a crypto brew! Let’s dive in ⬇️
On the menu today:
Binance.US Transitioning Away from FIAT 👀
Vitalik’s Pandemic Paw$itivity 🐾
New Stablecoin Bill Drafted by Financial Services Committee 🤝
Today’s Charts:
Snapshot taken at 10:54am EDT
Snapshot taken at 10:54am EDT
Binance.US Transitioning Away from FIAT 👀
Binance.US has announced that starting June 13th, the exchange will become a fully crypto focused exchange due to the significant regulatory measures brought forward by the SEC. As of today, June 9th, Binance.US has suspended all USD deposits and trading pairs tied to USD will also be delisted very soon.
Binance.US has assured that trading, staking, as well as deposits and withdrawals involving cryptocurrencies will continue without interruption.
Both parties (Binance and SEC) are scheduled to appear in court on June 13th, coinciding with the day Binance.US is set to transition away from FIAT (USD).
The SEC has taken to using extremely aggressive and intimidating tactics in its pursuit of an ideological campaign against the American digital asset industry. Binance.US and our business partners have not been spared in the use of these tactics, which has created… twitter.com/i/web/status/1…
— Binance.US 🇺🇸 (@BinanceUS)
2:33 AM • Jun 9, 2023