Binance – the world’s largest crypto exchange – announced on Monday that it will pause all deposits and withdrawals in USD from bank accounts starting February 8. The company said it will work to restart the feature as soon as possible. After announcing the suspension over Twitter, Binance offered no particular explanation for why it was taking place. However, it clarified that the pause would only affect a small portion of its user base. All other methods of buying and selling crypto from the exchange will remain effective – including credit cards, Apple Pay, Google Pay, and bank transfers with other fiat currencies, such as euros. (cryptopotato)
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