Binance Resumes USD Deposits via SWIFT
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Crypto exchange Binance has just announced users can once again make dollar deposits using the international interbank system SWIFT. However, withdrawal of funds through this system will resume at a later date.

According to Binance, deposits made in dollars via SWIFT to users' accounts will be credited as BUSD at a rate of 1:1 minus fees when there are any.

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The company has not disclosed how it has managed to restore support for USD transactions through SWIFT.

Binance announced in June it could no longer conduct dollar transactions via SWIFT through Silvergate Bank.

Problems with fiat trading on Binance started this summer after several regulators around the world set their eyes on the exchange.

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