US dollar deposits

It is reported that Hong Fang, CEO of OKCoin, said on Twitter that OKCoin suspended US dollar deposits and OTC transactions through wire transfer and ACH, and order book transactions, euro deposits, US dollar withdrawals and cryptocurrency withdrawals were not affected. Interpretation of this information: The recent announcement by Hong Fang, CEO of OKCoin, about the temporary halt of US dollar deposits and OTC transactions through wire transfer and ACH has caused a stir in the cryptocurrency community. The reason for this suspension is not clear, and the company has…

It is reported that Hong Fang, CEO of OKCoin, said on Twitter that OKCoin suspended US dollar deposits and OTC transactions through wire transfer and ACH, and order book transactions, euro deposits, US dollar withdrawals and cryptocurrency withdrawals were not affected. Interpretation of this information: The cryptocurrency exchange, OKCoin, has announced the suspension of US dollar deposits and OTC (over-the-counter) transactions via wire transfer and ACH (automated clearing house). Hong Fang, the CEO of OKCoin, made the announcement on Twitter. However, other transactions such as order book transactions, euro deposits,…