Binance US, the crypto giant, continues to add new listings despite its ongoing battle with US regulators. Just moments ago, it made an announcement. Binance US, which has activated its deposit services, will also launch the trading pair tomorrow. So, which altcoin is being listed by Binance’s US branch?
Binance Altcoin Listing
Binance US has just announced that Cudos (CUDOS) will be listed. Deposits for CUDOS on the Ethereum (ERC-20) network started today. The CUDOS/USDT trading pair will become active tomorrow. Following the news, the CUDOS price jumped by 20% to $0.00420.
The request by the SEC to freeze Binance US assets was not approved by the court. As a result, Binance US can continue its operations in the region with the support it has found in the court. The listing of CUDOS is twice as important due to the pressure exerted by the SEC on exchanges operating in the US. Coinbase and Binance must be more cautious in their listings during this sensitive period. Otherwise, they risk facing new lawsuits.
Cudos is a layer1 solution that allows participants to configure and purchase computational resources from a distributed provider network, offering decentralized cloud computing services. The CUDOS token serves as a governance token at the core of the Cudos ecosystem.