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Global crypto exchange Binance is suspending bank transfers of U.S. dollars beginning on Feb. 8 and is “working hard to restart service as soon as possible,” a Binance spokesperson told The Information.
Customers can still use bank transfers denominated in other currencies, as well as credit cards, debit cards, Google Pay and Apple Pay to buy and sell crypto, the Binance spokesperson said. Only 0.01% of the exchange’s monthly active users had been using U.S. dollar transfers, the spokesperson said.
The suspension comes as some banks have been dialing back their services to crypto firms and scrutiny from U.S. regulators over relationships between banks and crypto companies has been mounting. Binance in late January said one of its banking partners, Signature Bank, would no longer let customers make bank transfers of less than $100,000 to buy crypto.
Fuente: The Information https://www.theinformation.com/brie..._medium=email&utm_source=cio&utm_term=1000293
Customers can still use bank transfers denominated in other currencies, as well as credit cards, debit cards, Google Pay and Apple Pay to buy and sell crypto, the Binance spokesperson said. Only 0.01% of the exchange’s monthly active users had been using U.S. dollar transfers, the spokesperson said.
The suspension comes as some banks have been dialing back their services to crypto firms and scrutiny from U.S. regulators over relationships between banks and crypto companies has been mounting. Binance in late January said one of its banking partners, Signature Bank, would no longer let customers make bank transfers of less than $100,000 to buy crypto.
Fuente: The Information https://www.theinformation.com/brie..._medium=email&utm_source=cio&utm_term=1000293
