Binance Receives Court Approval to Place Customer Fiat Funds in US Treasury Bills: Filing 💵On July 19, a U.S. court granted Binance approval to invest customer funds into U.S. Treasury Bills. The United States District Court for the District of Columbia's order allows Binance to use a third-party investment manager for these investments, provided the funds are not reinvested back into Binance or its related entities. Binance is also required to include data on costs associated with these investments in its monthly business expenses and operations report.
