Binance.US Halts Trading in Dollars

[Niku-Sama]

So this is happening

Binance Halts Trading in Dollars on Its U.S. Exchange

Banks have signaled that they will stop working with the company’s American branch, it said, after the Securities and Exchange Commission sued it this week.

www.nytimes.com

how would we cash out if we wanted to?
send crypto to another wallet and then cash out from there?

also side note. i noticed in an update today on the binance app that staking fees are up to 20% now
or were they always 20%, i dont remember there being any fees on most and low on others if you were holding BNB. I've promptly unstaked, they all dropped serious APY any way

 

[stompah]

Founder of SEC Office of Internet Enforcement Warns of Upcoming Regulatory Siege: 'Get Out of Crypto Platforms Now' – News Bitcoin News

John Reed Stark, founder of the Office of Internet Enforcement of the U.S. SEC, warned about a regulatory "siege" against crypto platforms.

news.bitcoin.com

Looking like FTX failure is forcing regulators to take action.

Crypto allows us the opportunity to isolate our coins from these problems. Yet people leave themselves exposed by leaving their coinage in exchanges.

I sit here just shaking my head.