The world’s largest crypto exchange Binance’s U.S.-based subsidiary Binance.US has lost its FDIC-insured status, the crypto exchange informed its customers in an email on Tuesday. Binance US has updated the terms of use with changes to deposit insurance language following guidance from the Federal Deposit Insurance Corporation (FDIC). Binance.US No Longer US FDIC Insured Binance.US The post Breaking: Binance US Loses Its FDIC-Insured Status, Halts All USD Withdrawals appeared first on CoinGape .
