: Crypto exchange OKcoin pauses USD deposits following closure of Signature Bank

March 13, 2023

Crypto exchange OKcoin said it has temporarily paused U.S. dollar deposits in the wake of the closure of crypto-friendly Signature Bank, which was shut down by New York state regulators on Sunday.

OKcoin has temporarily paused U.S. dollar deposits by wire, along with ACH and over-the-counter services, Hong Fang, chief executive at the exchange, wrote on Twitter Monday.

“Signature…

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