Crypto firm Binance says deposits returning after heavy withdrawals

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By Tom Wilson and Rae Wee LONDON/SINGAPORE (Reuters) -The head of major crypto exchange Binance said on Wednesday deposits were returning, a day after it saw heavy outflows of cryptocurrencies and halted some stablecoin withdrawals. On Tuesday, blockchain data firm Nansen said Binance saw withdrawals of $1.9 billion in 24 hours, the largest such outflow since June. Users had pulled out $3.7 billion in crypto over the seven days to Tuesday, it later added. Binance, the world’s largest crypto exchange, also temporarily halted withdrawals of the major USDC stablecoin, citing a so-called “token sw…

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