BinanceUS, a US-based cryptocurrency exchange, has resolved its issues with US dollar withdrawals after working with its banking partners. However, the exchange warns that this solution may not be permanent.
The exchange, which claims to be independent from crypto giant Binance, updated its users on June 22 and said that its system was fully functional and that USD withdrawal requests would be processed within five business days.
The exchange had previously suspended dollar deposits and announced a possible halt to fiat withdrawal channels on June 9, amid its ongoing dispute with the Securities and Exchange Commission.
The exchange also told its customers that its banking partners might stop fiat (USD) withdrawals as soon as June 13, but that did not happen.