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The US arm of the world’s largest crypto exchange said in a tweet on Thursday that the move comes as it is taking “proactive steps” in its transition to a crypto-only exchange for the time being. What Do Binance.US’s New Rules on Trading Dollars Mean for Customers? The firm also urged its users to carefully review their trades and execute or cancel open orders on impacted Advanced Trading pairs before they are removed from the platform. It is worth noting that only select assets and trading pairs for Advanced Trade and Buy, Sell & Convert are impacted by this change. Deposits and withdrawals for all assets, along with trade functionality, will remain available.
Https://www.quora.com What happens if you do not pay taxes on cryptocurrencies? “Irrespective of the baseless claims, and in light of the Commission’s increasingly aggressive tactics, our payment and banking partners have signaled their intent to pause USD fiat channels as early as June 13, 2023, leaning our ability to accept USD fiat deposits and process USD fiat withdrawals will be impacted,” the exchange wrote. “As part of our customer-first-commitment, we are notifying users promptly so you can take necessary actions as we transition to a crypto-only exchange.”