Binance faces technical glitches causing trading and withdrawal suspensions.

Binance, the world's largest cryptocurrency exchange, has suspended deposits and withdrawals on its platform due to technical issues affecting its spot trading. The pause in deposits and withdrawals is a standard operating procedure. Last week, Binance halted its sterling deposits and withdrawals, a month after it ceased dollar transfers. The cessation of traditional currency transfers comes amid a growing crackdown on crypto by U.S. authorities.