BUSD deposits and withdrawals via OCBS suspended on Binance.US

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BUSD deposits and withdrawals via OCBS suspended on Binance.US
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Another day, another halt: Binance US has temporarily suspended BUSD and OCBS stablecoin pairs.

The affected services include BUSD crypto deposits and withdrawals, or buying, selling and converting crypto options, the status notice says.

Binance.US said that the firm is currently investigating the issue, noting that the services are “suspended temporarily.”The OCBS and BUSD issues on Binance.US came shortly after the firm halted certain U.S. dollar deposit services on March 30. According to the dashboard, Binance.US temporarily suspended Apple Pay and Google Pay deposits due to the company “transitioning to new banking and payment service providers over the next several weeks.

For up to 5% of Binance.US customers, the platform has also halted debit card deposits starting from March 30, 2023. “We are working to restore all services as soon as possible,” Binance.US stated.

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