Binance.US to Close USD Channels, Become Crypto-Only Exchange While SEC Storm Rages

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The Binance.US crypto exchange has decided to temporarily halt all USD deposits and withdrawals while it awaits the next action from the SEC.

The move will happen as early as June 13, and the exchange has issued a warning for customers to settle all USD transactions before that time.

Binance.US reveals it will halt USD transactions. Source: Twitter/Binance.US

This is a breaking story. BeInCrypto will add more details to this story as they come to light.

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In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content.

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