• <a fr-original-style="" href="https://www.reuters.com/technology/binance-halts-withdrawals-major-usdc-stablecoin-2022-12-13/" rel="noopener noreferrer" style="color: rgb(9, 9, 9); text-decoration: none; background-color: transparent; outline: none; cursor: pointer; transition: color 0.3s ease 0s; touch-action: manipulation; user-select: auto; box-sizing: border-box;" target="_blank">Binance</a>, the world’s biggest crypto exchange, said on Tuesday it "temporarily paused" withdrawals of the major stablecoin USDC. Chief executive Changpeng Zhao said, "The banks are not open for another few hours. We expect the situation will be restored when the banks open."<ul fr-original-style="padding-inline-start: 20px;" style="padding-inline-start: 20px; margin-top: 0px; margin-bottom: 1em; list-style-position: inside; box-sizing: border-box;"><li fr-original-style="" style="box-sizing: border-box;">Zoom in: Binance <a fr-original-style="" href="https://www.reuters.com/technology/binance-sees-withdrawals-19-billion-last-24-hours-data-firm-nansen-says-2022-12-13/" rel="noopener noreferrer" style="color: rgb(9, 9, 9); text-decoration: none; background-color: transparent; outline: none; cursor: pointer; transition: color 0.3s ease 0s; touch-action: manipulation; user-select: auto; box-sizing: border-box;" target="_blank">has seen withdrawals of $1.9 billion</a> in the last 24 hours, blockchain data firm Nansen said on Tuesday, marking the largest daily outflow over 24 hours since June 13. "Binance's withdrawals are increasing due to the growing uncertainty about its reserves report," a Nansen spokesperson said.</li></ul>

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