Bybit’s move comes a month after Binance, the world’s largest digital assets exchange by trading volume, halted dollar transfers and amid a crisis at Silverage, a California-based lender famous for offering traditional banking services to crypto firms, including exchanges. Last week, Bybit said it’s evaluating “its ability to continue as a going concern” and delayed filing its annual report with the Securities and Exchange Commission.
Source: https://www.coindesk.com/markets/2023/03/06/crypto-exchange-bybit-suspends-usd-deposits/?utm_medium=referral&utm_source=rss&utm_campaign=headlines