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Banks are cutting off Binance’s access to U.S. banking system, exchange says

Banks are cutting off Binance's access to U.S. banking system, exchange says

The Binance logo is displayed on a screen in San Anselmo, California, June 6, 2023.

Justin Sullivan | Getty Images

 customers will no longer be able to use U.S. dollars to buy crypto on the platform as early as June 13, hobbling the exchange’s ability to do business in the U.S., after both payment and banking partners “signaled their intent to pause USD fiat channels,” the exchange said.

Binance announced the change late Thursday…

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