Quote from: talkoncrypto Official on Today at 03:50:04 AM

Binance Will Temporarily Suspend US Dollar Bank Transfers starting from Wednesday

Though its no something major in terms of revenue and userbase of Binance USA clients as said by them ,

Is this something indicative according to you...

Does it has to do with SEC being investigating all the Binance activities in regards to involved in some kind of illicit activities..

Share your opinion..

I simply believe this has nothing to do with any prob with Binance by any US agents if one exists. And as for SEC, they are saddled with the responsibility of protecting investors, but the stoppage of US bank wire transfers does not stop other wire transfers in alternative currencies. And the USD wire amount to only 0.01% binance flows, so it's nothing, especially when there are other USD transactions through other channels. It's just the USD wire transfer that would be affected in this light, all would have been affected if any probe applies in that regard.

Still, there are some other Federal prosecutors after some American hedge fund's dealings with Binance. This might have some undertone but still not a strong reason to temporarily stop only wire transfers in USD.