Binance Will Temporarily Suspend US Dollar Bank Transfers starting from Wednesday
Source:
https://decrypt.co/120678/binance-suspends-us-dollar-bank-transfersThough 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..
This step is taken more in terms of defending them against any legal action and it won't have any impact on the general users of binance.
At first, when i saw this tweet on the social media, i was a bit worried but later found out that they have only suspended the deposit and withdrawal of dollar through banking channel.
It won't have any effect on P2P and you can still buy/sell USDT through P2P.