Binance will suspend US dollar transfers from Wednesday, and that's reportedly causing millions to flow to rival exchanges
, that deposits and withdrawals of dollars would cease indefinitely, without giving a reason for the move. Transfers in other fiat currencies such as the euro were unaffected.
The company told the publication"0.01% of our monthly active users leverage USD bank transfers" and added that"we are working hard to restart service as soon as possible."
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