Weekly Roundup: Binance.US halts fiat services, Coinbase does business as usual, XRP hits key milestone
The US financial regulator, the Securities and Exchange Commission’s (SEC) clampdown on exchange negatively influenced the crypto market and assets th...
- Binance.US is suspending fiat deposits and withdrawals due to lack of support from banking partners after the SEC's lawsuit against the platform.
- Coinbase continues to operate as usual despite the SEC's lawsuit and has observed a massive increase in withdrawals from its liquid staking platform.
- XRP transactions crossed 1.16 million, hitting a key milestone for the community of holders and sustaining above the $0.52 level.
The article discusses the negative impact of the SEC's lawsuits on the crypto market and assets, but also highlights the resilience of some platforms like Coinbase and the bullish momentum of XRP.