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Vladimir Myronenko
Binance, the world’s largest cryptocurrency exchange, suspends deposits/withdrawals in US dollars from February 8, writes CNBC resource. In connection with what such a decision was made, it is not explained.
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“We are temporarily suspending bank transfers in US dollars from February 8, a spokesman for the exchange told CNBC on Monday. — Affected customers are notified directly.”
The crypto exchange said that only 0.01% of monthly active customers use bank transfers in US dollars, adding that it is working hard to “Resume service as soon as possible.”
The decision only applies to crypto exchange customers outside the United States, since the American branch of Binance US informed on Twitter that no changes in his work are expected.
However, Arkham Intelligence reported a surge in withdrawals from Binance crypto wallets following the crypto exchange announcement, with millions of dollar-pegged stablecoins such as tether and USDC transferred to competing crypto exchange accounts or cryptocurrency wallets.
According to DefiLlama, more than $172 million worth of cryptocurrencies were transferred from Binance accounts in a day. According to Arkham Intelligence, this is an insignificant amount for a company whose crypto assets are valued at $42.2 billion. flatten out after last week’s bull market swing. In January, Bitcoin rose in price by more than 38%, making it the best month since October 2021.
