No reason given, but non-US customers? Cannot exchange for dollars is interesting. Are they perceiving the US dollar as too unstable? Debt ceiling concern?
US is not affected? Basically this reads like they are stopping all fiat exchanges in US fiat currency outside the country. Wouldn't this impact the value of the crypto held?
Maybe it’s me, but I wish the story were written more clearly. Doesn’t make a lot of sense to me, but I haven’t had my coffee.
Binance is trying to crash the dollar just like they did with FTX.
Looks like they are valuing USD crypto accurately, for the first time.
Crypto is a fraudulent money laundering operation, every single ounce of it. PERIOD.
Sounds like they ran afoul of U.S. money laundering laws, just like FTX.
My guess is that Binance is trying to minimize interaction with US customers that can give the various Federal authorities an excuse to come after them for some crime or other.
I don’t buy many of the above comments that Binance thinks its large enough to make a difference in the path or ultimate destination of the dollar, or that it is part of their motivation.
