Crypto Exchange Bybit Suspends Dollar Payments via Bank Transfers
- Bybit cites service outage from ‘end-point processing partner’
- Move comes after unraveling of Silvergate payment network
This article is for subscribers only.
Crypto exchange Bybit is suspending US dollar-denominated deposits and withdrawals via bank transfers, including SWIFT payments.
Dollar wire deposits have been temporarily suspended and withdrawals will be halted on March 10, the platform said on its website, citing “service outages from our end-point processing partner.”