A major cryptocurrency exchange has made an important announcement regarding its US branch. It is necessary to be prepared as the market loves FUD (Fear, Uncertainty, and Doubt). Binance is currently facing a tough legal battle with the SEC (Securities and Exchange Commission) and has been dealing with various issues in its US branch. Binance Planned Maintenance According to the announcement made today, Binance US will undergo planned maintenance and deposit/withdrawal transactions will be temporarily halted. This maintenance, which was announced in advance to prevent panic in the market, is highly susceptible to FUD. If the maintenance is prolonged, the markets may use it as a reason for a decline. Therefore, investors should be prepared for possible surprise sales. For now, the exchange can continue its operations in the US as long as it holds assets in the country until the end of the lawsuit, thanks to the approval it […]
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