KONTAN.CO.ID - NEW YORK. Crypto exchange Binance.US said on Thursday it is stopping U.S. dollar deposits and users will soon not be able to withdraw dollars from the exchange, after U.S. financial regulators said they supported freezing Binance's assets. The purportedly independent U.S. affiliate of Binance, the world's largest crypto exchange, said in a tweet late on Thursday that its banking partners are preparing to stop dollar withdrawal channels as early as June 13. Binance.US said in the customer notice that it would no longer accept dollar deposits as part of plans to change to a "crypto-only exchange". It did not give details of who its banking partners are.
Binance to Halt Dollar Deposits After SEC Crackdown
KONTAN.CO.ID - NEW YORK. Crypto exchange Binance.US said on Thursday it is stopping U.S. dollar deposits and users will soon not be able to withdraw dollars from the exchange, after U.S. financial regulators said they supported freezing Binance's assets. The purportedly independent U.S. affiliate of Binance, the world's largest crypto exchange, said in a tweet late on Thursday that its banking partners are preparing to stop dollar withdrawal channels as early as June 13. Binance.US said in the customer notice that it would no longer accept dollar deposits as part of plans to change to a "crypto-only exchange". It did not give details of who its banking partners are.