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in Tech

Binance.US Halts Dollar Deposits, Asks Customers to Withdraw Dollar Funds

by Editor June 9, 2023, 4:33 pm 1.3k Views

Binance to Set Up Regional Office in Kazakhstan, Intends to Co-Develop Crypto Laws

The US affiliate of Binance said it was halting dollar deposits and gave customers until Tuesday to withdraw their dollar funds, after the US securities regulator asked a court to freeze its assets.

Binance.US, the purportedly independent partner of Binance, said in a tweet on Thursday that its banking partners were preparing to stop dollar withdrawal channels as early as June 13.

The SEC sued Binance, its CEO and founder Changpeng Zhao, and…

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