Crypto exchange Binance.US has said it is suspending US dollar deposits and that its banking partners are preparing to pause fiat dollar withdrawal channels as early as June 13, just days after US regulators sued Binance and its CEO Changpeng Zhao.The US arm of the world’s largest crypto exchange said in a tweet on Thursday that the move comes as it is taking “proactive steps” in its transition to a crypto-only exchange for the time being.Trading, staking, deposits and withdrawals in crypto would remain fully operational, the exchange said in a notice to its customers.
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