Binance Announces US Listing, Altcoin Price Rises

Binance.US, the US arm of Binance, the world’s largest cryptocurrency exchange, announced that it has listed SUI.

According to the statement made today by Binance.US, the SUI/USDT parity on the stock exchange, tomorrow at 12:00 CEST will open.

Users can already send funds in SUI to the exchange, even though trading has not yet been opened.

Sui, a decentralized smart contract platform, uses the Move programming language, which handles assets on the blockchain in an “object-centric” manner. The platform’s own cryptocurrency, SUI, is used to pay gas fees on the network.

According to CoinGecko data, SUI was released following the statement from Binance. gained more than 13% and started trading at $0.45.

The US Securities and Exchange Commission (SEC) has ruled that Binance.US assets belonging to customers He requested information from the court about how he stored and managed it.

Binance.US, which was on the radar of the SEC, also recently had its CEO, legal director and CRO leave the company.

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