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The post Binance US Resumes Fiat Deposits and Withdrawals After Two Years Since SEC Lawsuit appeared first on Coinpedia Fintech News Nearly two years after an SEC lawsuit disrupted Binance’s operations in the US, the company has officially resumed its USD services. The SEC had halted fiat functionality in June 2023 due to violations of securities laws, but the recent return of crypto-proponent Donald Trump has eased Binance’s legal challenges. Binance.US Rises from Legal Troubles The US crypto market is experiencing a boom since Donald Trump returned to the White House, according to community. This surge is largely due to the SEC becoming more favorable towards crypto companies, marking a major shift from the policies during Biden’s administration. According to a recent blog post , Binance.US is bringing back U.S. dollar deposits and withdrawals for the first time in nearly two years. Starting today, customers can make zero-fee deposits and withdrawals through ACH ba...
The post Mantra Finance Lands Dubai Crypto License – Big Plans for DeFi and Tokenization! appeared first on Coinpedia Fintech News Recently, Mantra Finance, a decentralized finance and asset tokenization platform has just secured a Virtual Asset Service Provider (VASP) license from Dubai’s Virtual Assets Regulatory Authority (VARA). This major milestone allows Mantra to expand its reach in the UAE and across the MENA region. With this license, Mantra Finance can now operate as a digital asset exchange and offer broker-dealer, management, and investment services. This approval strengthens its position in the region’s growing digital asset sector. Dubai’s Crypto-Friendly Approach Attracts Global Firms Dubai and the UAE are quickly becoming major hubs for cryptocurrency , thanks to clear and structured regulations that attract digital asset firms. Mantra CEO John Patrick Mullin praised Dubai and VARA for building a strong regulatory framework for virtual assets and Web3,...
The post Binance CEO on U.S. Crypto Policy: ‘Reset and Restart’ Under Trump appeared first on Coinpedia Fintech News The previous U.S. administration has faced sharp criticism from crypto business leaders for its tough regulatory stance. Speaking at the Consensus Crypto Conference in Hong Kong, Binance CEO Richard Teng echoed these concerns, particularly about the crackdown on the industry under joe biden joe biden Joe Biden President . However, he acknowledged that the new administration, led by Donald Trump Donald Trump Donald Trump is an American former president politician, businessman, and media personality, who served as the 45th president of the U.S. between 2017 to 2021. Trump earned a Bachelor of science in economics from the University of Pennsylvania in 1968. Trump won th...
The post Bitcoin to Boom? Trump’s New Commerce Secretary Howard Lutnick Is Pro-Crypto appeared first on Coinpedia Fintech News The U.S. economy is at a turning point, and big changes are on the horizon. With Donald Trump back in office, his administration is shaking things up – especially in trade and cryptocurrency. The government has announced new tariffs on China, Mexico, and Canada, along with higher taxes on foreign steel and aluminum. At the same time, the SEC has set up a special task force to establish clearer crypto regulations. But that’s not all. Trump’s latest move – appointing a pro-Bitcoin, pro-tariff businessman as U.S. Commerce Secretary – is making waves. Let’s dive in. Howard Lutnick Confirmed as Commerce Secretary As debates continue over Trump’s economic policies, the Senate has confirmed Howard Lutnick as the new U.S. Commerce Secretary. Lutnick, a strong supporter of both Bitcoin and tariffs, secured the position in a 51-45 vote. His appoin...
