Crypto exchange Binance announced on 6 February that it would temporarily suspend USD deposits and withdrawals using bank accounts starting from 8 February. The exchange spokesperson said only 0.01% of its monthly active users leverage USD bank transfers and the company will resume service as soon as possible. Binance US, which is a separate entity, is not affected by the suspension. Binance’s USD saw a net outflow of over $172 million for the day the suspension was announced.
Source: https://cnbc.com
