The American arm of Binance is suspending dollar transactions after its payment partners indicated they would pause US currency activity with it, in the latest blow to the crypto exchange facing a lawsuit from American regulators.
Binance US said in a statement on Friday morning that dollar dealing via banks and other payment partners would be paused as early as June 13, and from next week it would start to delist trading pairs involving the US currency.
The company added it would transition to a crypto-only exchange.
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