# Binance.US Restores USD Deposits

*Author: Bankless*
*Published: Feb 19, 2025*
*Source: https://www.bankless.com/read/binance-us-ragain*

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Binance.US has reintroduced the ability for customers to deposit and withdraw U.S. dollars using ACH bank transfers, following a suspension that lasted nearly two years due to legal action from Gary Gensler's SEC.

## **What’s the Scoop?**
- **Fiat Deposits Return**: Binance.US customers can now deposit and withdraw U.S. dollars on the platform for the first time since June 2023.
- **SEC Lawsuit Impact**: Fiat functionality was initially suspended after the SEC filed a lawsuit against Binance.US for alleged securities law violations.
- **Regulatory Developments**: A new pro-crypto administration under Trump is creating optimism for a reset in the crypto industry, though Binance.US is still waiting for further regulatory clarity.

> USD services are returning to [https://t.co/AZwoBOgsqS](https://t.co/AZwoBOgsqS)!Access is rolling out over the coming days. Here’s what you can look forward to:✅ Deposit and withdraw USD with 0% fees✅ Buy crypto using bank transfer (ACH)✅ Trade via popular USD pairs [pic.twitter.com/weyayFJU1W](https://t.co/weyayFJU1W)— Binance.US 🇺🇸 (@BinanceUS) [February 19, 2025](https://twitter.com/BinanceUS/status/1892227764268265664?ref_src=twsrc%5Etfw)