Crypto Exchange Binance Will Suspend U.S. Dollar Transfers

Without any explanation, crypto exchange Binance said that it would suspend U.S. dollar transfers, but the company's subsidiary, Binance US, stated in a tweet that it is unaffected by the ban.

The largest cryptocurrency exchange in the world, Binance, said on Monday that it would stop accepting deposits and withdrawals in dollars. The business gave no explanation for the move.

“We are temporarily suspending USD bank transfers as of February 8th,” said a Binance spokesperson. “Affected...

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