BINANCE.US SUSPENDS USD DEPOSITS, WARNS OF FIAT WITHDRAWAL PAUSE

Summary from the TLDR Crypto newsletter

Binance.US is suspending USD deposits and is warning users of a pause in USD withdrawals starting on June 13, due to pressure from the SEC. Its banking situation has become more complicated after the SEC issued an order to freeze Binance.US’s assets. The crypto exchange is planning to transition to a crypto-only platform. While trading, staking, deposits, and crypto withdrawals will remain operational, the firm plans to delist USD trading pairs, though Tether pairs will still be supported.