Cryptocurrency

Cryptocurrency

Binance crypto exchange will suspend U.S. dollar transfers

Binance will suspend U.S. dollar withdrawals and deposits for international customers beginning Feb. 8, the company said.Binance banking partner Signature Bank in January raised transaction minimums for dollar transfers.Millions of dollars worth of crypto flowed out of Binance after it announced the suspension, but the company says it remains "net-positive."Changpeng Zhao, billionaire and chief executive officer of Binance Holdings Ltd., speaks during a session at the Web Summit in Lisbon, Portugal, on Wednesday, Nov. 2, 2022.Zed Jameson | Bloomberg | Getty ImagesBinance, the world's largest cryptocurrency exchange, will suspend U.S. dollar...
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