USD Deposits

It is reported that Binance, the cryptocurrency exchange, has resumed support for Russian bank card transactions, including credit cards from Visa and Mastercard payment systems. R

It is reported that Hong Fang, CEO of OKCoin, said on Twitter that OKCoin suspended US dollar deposits and OTC transactions through wire transfer and ACH, and order book transactions, euro deposits, US dollar withdrawals and cryptocurrency withdrawals were not affected. OKCoin suspends US dollar deposits through wire transfer and ACH Analysis based on this information:OKCoin, one of the largest cryptocurrency exchanges in the world, has recently announced that it will be suspending US dollar deposits and over-the-counter (OTC) transactions through wire transfer and ACH. This decision was reportedly made due to issues related to banking partnerships and regulatory compliance. However, it is important to note that this suspension does not affect other types of transactions on the platform. According to the statement made by Hong Fang, the CEO of OKCoin, the exchange has decided to temporarily pause accepting USD deposits and wire transfers as a part of its ongoing efforts to enhance its anti-money laundering (AML) and know your…