{"id":1828,"date":"2023-03-31T16:40:29","date_gmt":"2023-03-31T16:40:29","guid":{"rendered":"https:\/\/www.cryptometer.io\/news\/?p=1828"},"modified":"2023-03-31T16:40:32","modified_gmt":"2023-03-31T16:40:32","slug":"binance-us-temporarily-halts-busd-services","status":"publish","type":"post","link":"https:\/\/www.cryptometer.io\/news\/binance-us-temporarily-halts-busd-services\/","title":{"rendered":"Binance.US Temporarily Halts BUSD Services"},"content":{"rendered":"\n<p>Binance.US, the United States-based arm of Binance, has temporarily suspended some of its services. The cryptocurrency exchange has disabled the use of Binance USD stablecoin pairs via the One Common Billing System (OCBS), affecting BUSD crypto deposits and withdrawals, as well as buying, selling, and converting crypto options. The company is currently investigating the issue and has assured its users that the services will be restored as soon as possible. This follows the temporary suspension of certain U.S. dollar deposit services, including Apple Pay and Google Pay deposits and debit card deposits for some of its customers.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-binance-us-facing-legal-action-from-cftc\">Binance.US facing legal action from CFTC<\/h2>\n\n\n\n<p>The announcement comes amid legal action against Binance and its CEO Changpeng \u201cCZ\u201d Zhao by the U.S. Commodity Futures Trading Commission (CFTC) for alleged trading violations. The regulator argues that Binance failed to meet compliance obligations by not registering with the regulatory body. Binance.US, which launched in September 2019, operates as a separate entity from Binance and is only available to U.S. users due to local regulations.<\/p>\n\n\n\n<p>Also Read: <a href=\"https:\/\/www.cryptometer.io\/news\/bankruptcy-court-approves-binance-us-acquisition-of-voyager-digital-assets\/\" target=\"_blank\" rel=\"noreferrer noopener\">Bankruptcy Court Approves Binance.US Acquisition of Voyager Digital Assets<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Former CEO of Binance.US enlists legal representation<\/h2>\n\n\n\n<p>Catherine Coley, the former CEO of Binance.US, has reportedly hired a former federal prosecutor and top cop at the CFTC to represent her in the U.S. government\u2019s investigations into the company. After leaving Binance.US in June 2021, Coley has remained silent about her whereabouts in the media and has not posted anything on her Twitter account.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Binance.US, the United States-based arm of Binance, has temporarily suspended some of its services. The cryptocurrency exchange has disabled the use of Binance USD stablecoin pairs via the One Common Billing System (OCBS), affecting BUSD crypto deposits and withdrawals, as well as buying, selling, and converting crypto options. The company is currently investigating the issue [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":419,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[30,43],"tags":[],"class_list":{"0":"post-1828","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-exchange","8":"category-general-news"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.2 (Yoast SEO v27.2) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Binance.US Temporarily Halts BUSD Services<\/title>\n<meta name=\"description\" content=\"Binance.US, the United States-based arm of Binance, has temporarily suspended some of its services. The cryptocurrency exchange has disabled the use of Binance USD stablecoin pairs via the One Common Billing System (OCBS), affecting BUSD crypto deposits and withdrawals, as well as buying, selling, and converting crypto options.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.cryptometer.io\/news\/binance-us-temporarily-halts-busd-services\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Binance.US Temporarily Halts BUSD Services\" \/>\n<meta property=\"og:description\" content=\"Binance.US, the United States-based arm of Binance, has temporarily suspended some of its services. The cryptocurrency exchange has disabled the use of Binance USD stablecoin pairs via the One Common Billing System (OCBS), affecting BUSD crypto deposits and withdrawals, as well as buying, selling, and converting crypto options.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.cryptometer.io\/news\/binance-us-temporarily-halts-busd-services\/\" \/>\n<meta property=\"og:site_name\" content=\"CryptoMeter.io\" \/>\n<meta property=\"article:published_time\" content=\"2023-03-31T16:40:29+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-03-31T16:40:32+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.cryptometer.io\/news\/wp-content\/uploads\/2022\/12\/binance.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"948\" \/>\n\t<meta property=\"og:image:height\" content=\"533\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Anish Khalifa\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@CryptoMeterIO\" \/>\n<meta name=\"twitter:site\" content=\"@CryptoMeterIO\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Anish Khalifa\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/www.cryptometer.io\/news\/binance-us-temporarily-halts-busd-services\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.cryptometer.io\/news\/binance-us-temporarily-halts-busd-services\/\"},\"author\":{\"name\":\"Anish Khalifa\",\"@id\":\"https:\/\/www.cryptometer.io\/news\/#\/schema\/person\/79113eacd105c71e5fa6019d028ca61e\"},\"headline\":\"Binance.US Temporarily Halts BUSD Services\",\"datePublished\":\"2023-03-31T16:40:29+00:00\",\"dateModified\":\"2023-03-31T16:40:32+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.cryptometer.io\/news\/binance-us-temporarily-halts-busd-services\/\"},\"wordCount\":260,\"publisher\":{\"@id\":\"https:\/\/www.cryptometer.io\/news\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.cryptometer.io\/news\/binance-us-temporarily-halts-busd-services\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.cryptometer.io\/news\/wp-content\/uploads\/2022\/12\/binance.jpg\",\"articleSection\":[\"Exchange\",\"General News\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2023\",\"copyrightHolder\":{\"@id\":\"https:\/\/www.cryptometer.io\/news\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.cryptometer.io\/news\/binance-us-temporarily-halts-busd-services\/\",\"url\":\"https:\/\/www.cryptometer.io\/news\/binance-us-temporarily-halts-busd-services\/\",\"name\":\"Binance.US Temporarily Halts BUSD Services\",\"isPartOf\":{\"@id\":\"https:\/\/www.cryptometer.io\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.cryptometer.io\/news\/binance-us-temporarily-halts-busd-services\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.cryptometer.io\/news\/binance-us-temporarily-halts-busd-services\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.cryptometer.io\/news\/wp-content\/uploads\/2022\/12\/binance.jpg\",\"datePublished\":\"2023-03-31T16:40:29+00:00\",\"dateModified\":\"2023-03-31T16:40:32+00:00\",\"description\":\"Binance.US, the United States-based arm of Binance, has temporarily suspended some of its services. 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