As part of the requirements of the U.S. authorities, banks will stop cooperating with the cryptocurrency platform Binance US.
The American office of the company warned its customers that from June 13 transactions with fiat money will be suspended. That is, users of Binance US will not be able to deposit or withdraw funds in U.S. dollars.
The exchange warned customers that from June 13, they will be available only for transactions in digital currencies.
Last Monday, the Securities and Exchange Commission (SEC) accused Binance of violating U.S. law and initiated a lawsuit against the cryptocompany.
The exchange’s representative office in the U.S. rejected all of the regulator’s accusations and warned users of its readiness to confront the SEC.
A similar situation occurred in Australia at the end of May, Bloomberg reported. The local branch of Binance was also disconnected from the banking sector.
As a result, traders lost the ability to deposit wallets and withdraw funds in Australian dollars.