Binance to suspend US Dollar transfers The world’s biggest crypto exchange Binance will stop allowing transactions using US Dollars starting Wednesday, February 8. This was confirmed on their official Twitter page and was also announced in several major news outlets. Crypto experts said that the temporary suspension comes in as a little bit awkward in the industry as some of Binance’s competitors like FTX are already facing fallouts. Some users also think that this move from Binance might be related to the issues of the said competitor. The suspension is temporary and covers all deposits and withdrawals made with accounts that use USD.
