Thai cryptocurrency pundits are recommending investors withdraw digital assets from Binance amid a run on the world's largest crypto exchange, moving their money to a safer crypto exchange in Thailand regulated by the Securities and Exchange Commission (SEC).
As much as US$1.9 billion worth of cryptocurrencies were withdrawn from Binance in the last 24 hours, the largest amount since June 13, blockchain data company Nansen reported on Tuesday.
On the same day, Binance temporarily suspended the withdrawal of USDC stablecoin, but later announced withdrawals had resumed.
