'We are taking these proactive steps as we–for a time–transition to a crypto-only exchange,” Binance.US said in a tweet Thursday night.
suspended. The exchange is also notifying its customers and banking partners that it is readying to pause all fiat withdrawals as early as June 13. As part of the pause in USD banking, Binance.US says that it will be pivoting to a crypto-only exchange and will be operating as that “for a time.”“Our priority is, and has always been, our customers.
We are taking these proactive steps as we–for a time–transition to a crypto-only exchange,” Binance.US tweeted last night, along with a notice to customers. “While we remain open to a productive compromise that enables a thriving digital asset marketplace in America, Binance.US will continue to vigorously defend ourselves, our customers, and industry against the meritless attacks of the SEC.”
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