Major crypto exchange to suspend US dollar transfers ...News

Binance will “temporarily” halt transactions in the currency, without providing a reason for the move The world’s largest cryptocurrency exchange by trading volume, Binance, has announced it will suspend US dollar deposits and withdrawals, starting on Wednesday. “We are temporarily suspending USD bank transfers as of February 8th. Affected customers are being notified directly,” a Binance spokesperson told reporters on Monday. The company did not explain the decision, but said it was “working hard to restart service as soon as possible.” According to the statement, just “0.01% of [Binance’s] monthly active users l

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