Binance US alters FDIC Coverage for crypto deposits

CAT October 17, 2023 1 min read

Sarah Jansen

In an Oct. 16 update to Binance.US’s terms of service for the exchange, a clarification was made that digital assets do not qualify for FDIC insurance coverage.

Go here to Read this Fast! Binance US alters FDIC Coverage for crypto deposits

Originally appeared here:
Binance US alters FDIC Coverage for crypto deposits

Tags: #bitcoin #blockchain #cryptocurrency #eth btc Ethereum

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.

Necessary

Always Enabled

Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.

Cookie	Duration	Description
cookielawinfo-checkbox-analytics	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional	11 months	The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy	11 months	The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.

Functional

Performance

Analytics

Others

Related Stories

Traders could push Bitcoin to $80,000 in US election frenzy

Circle CEO sees stablecoins as linchpin for global trade

Ethereum Foundation’s Josh Stark highlights ETH’s ‘hardness’ as it hits 3-year low against Bitcoin

You may have missed

Forecasting the Future: How Can We Predict Tomorrow’s Demand Using Yesterday’s Insights?

How to use Apple Intelligence on your Mac

OpenAI’s robotics plans aim to ‘bring AI into the physical world’

Hogwarts Legacy 2: everything we know so far