Binance Suspends US Dollar Withdrawals: Report

February 7, 2023 @ 8:45 am By JD Alois

Binance has “temporarily” suspended US dollar withdrawals, according to a report. Soon after it was revealed, Binanc.US – the US subsidiary – Tweeted this decision to suspend dollar withdrawals did not impact its operations.

@BinanceUS and @Binance are separate entities. https://t.co/gM6e3xb9BX is a licensed and regulated digital asset marketplace in the United States.

— Binance.US Customer Support (@BinanceUShelp) February 6, 2023

The decision was said to impact just 0.1% of Binance customers.

According to a report by CNBC, a small amount of money was withdrawn from the crypto exchange following the decision. Binance said that other fiat currencies and payment methods were still available to purchase crypto.

Last month, Signature Bank announced that it was adjusting its relationship with crypto exchanges by requiring a minimum transaction amount of $100,000. This included Binance operations.

Binance said it expected to have a new partner for impacted users soon.

Reg A - Form 1-A Filings Beta

Beta. Initial Form 1-A only. Target raise is the stated Amount to be Raised, totaled. Compared with the same dates one year earlier.

YTD: Jan 1, 2026 - Nov 13, 2026 vs Jan 1, 2025 - Nov 13, 2025

Number of Filings136Prior 129 +5.4%

Target Raise, Total$3.48BPrior $3.59B -2.9%

	This YTD	Year prior	Change
Filings	136	129	+5.4%
Target raise	$3.48B	$3.59B	-2.9%

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Source: DisclosureQuest. Initial Form 1-A only.

Created by Crowded Media Group

This display counts initial Form 1-A filings only. It does not represent subsequent filings, including Form 1-A/A amendments or Form 1-A POS post-qualification updates filed by the issuer. Amounts are the stated Amount to be Raised on the initial filing, not capital raised and not amounts revised in later filings.

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