Binance.US said the moves are part of efforts to protect customers and the platform amid “extremely aggressive and intimidating tactics” by the SEC.
Binance halts Bitcoin withdrawals for the second time in 12 hours
The crypto exchange said it temporarily closed BTC withdrawals due to a “large volume of pending transactions.”
Crypto.com commits to proof-of-reserves after halting certain deposits and withdrawals
“We share the belief that it should be necessary for crypto platforms to publicly share proof of reserves,” the Crypto.com CEO said.