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Bitcoinist
2023-03-31 18:18:58

Binance.US Temporarily Halts BUSD Deposits And Withdrawals

Binance.US Temporarily Halts BUSD Deposits And Withdrawals

On March 31, Binance.US, a US-based subsidiary, announced that it had temporarily suspended trading for stablecoin pairs involving Binance USD (BUSD) through One Common Billing System (OCBS). The suspension was due to an ongoing investigation by the Commodity Futures Commission (CFTC) into potential violations committed by the exchange. Related Reading: Polygon (MATIC) Network Growth Metric

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