Future Tech

Binance.US suspends USD deposits, pausing fiat withdrawal channels

Tan KW
Publish date: Fri, 09 Jun 2023, 11:25 AM
Tan KW
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Future Tech

Binance.US on Thursday said the company is suspending USD deposits while notifying customers that their banking partners are preparing to pause fiat (USD) withdrawal channels as early as June 13.

The move comes as the U.S. financial regulators supported a freeze on the cryptocurrency exchange's assets earlier in the day.

 


  - Reuters

 

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