Binance is suspending USD deposits and withdrawals for international users
Join Our Telegram channel to stay up to date on breaking news coverage Binance, the world’s leading cryptocurrency, announced recently that it will suspend USD deposits and withdrawals , without really offering a reason for the decision. The company revealed its plans yesterday, February 6th, only stating that all USD bank transfers will stop on February 8th. The company did say that it is a “temporary suspension,” although it did not share how long it will last, or what circumstances led to this decision. However, according to a person familiar with the matter, the suspension will likely last several weeks, “until a new banking partner is established.” This last part indicates that Binance stopped its collaboration with the banking entities that allowed it to work with USD — something that the exchange did not confirm or deny. [DB] Binance to Suspend USD Bank Transfers Feb 8th: Spokesperson Suspension Expected to Last 'A Couple Weeks' Un...