Binance halts dollar deposits in US as SEC tightens noose
Changpeng Zhao, founder and chief executive officer of Binance. File photo: Reuters/Benoit Tessier
Rae Wee and Rahat Sandhu
Crypto exchange Binance.US said on Thursday it is suspending US dollar deposits and that its banking partners are preparing to pause fiat dollar withdrawal channels as early as June 13, just days after US regulators sued Binance and its CEO Changpeng Zhao.
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