您现在的位置是:Another crypto exchange has decided to exit the U.S. >>正文
Another crypto exchange has decided to exit the U.S.
上海品茶网 - 夜上海最新论坛社区 - 上海千花论坛7人已围观
简介Bittrex is quitting the United States due to regulatory uncertainty.The crypto exchange will now com...
- Bittrex is quitting the United States due to regulatory uncertainty.
- The crypto exchange will now commit to growing Bittrex Global.
- CEO Lai says customer funds are safe and available to withdraw.
Bittrex was in focus on Monday after the crypto exchange said it’s about to wind down its operations in the United States.
Why is Bittrex quitting the U.S.?
The Seattle-headquartered firm attributed the move to continued regulatory uncertainty in the U.S. Customers were relieved, though, after CEO Richie Lai confirmed that their funds were safe.
All customer funds are safe and available to withdraw; however, it’s just not economically viable for us to continue in the current U.S. regulatory and economic environment.
The platform will be available for trading until April 14thbut customers will be able to withdraw funds through the end of this month, he added.
In February, Bittrex had cut 83 jobs citing market downturn.
What’s next for Bittrex exchange?
The crypto exchange will now commit to growing Bittrex Global – its platform for customers outside of the United States that will remain operational.
In October, a U.S. regulator announced a $53 million fine on Bittrex for failing to meet anti-money laundering requirements and not blocking users from sanctioned countries, including Iran and Cuba. According to CEO Lai:
Regulatory requirements are often unclear and enforced without appropriate discussion or input, resulting in an uneven competitive landscape.
Bittrex was founded in 2014. It’s leaving the U.S. only shortly after peer Nexo Inc announced a similar decision after facing regulatory scrutiny.
Tags:
转载:欢迎各位朋友分享到网络,但转载请说明文章出处“上海品茶网 - 夜上海最新论坛社区 - 上海千花论坛”。http://www.jz08.com.cn/news/82313.html
相关文章
AI and robots are the new battery development dream team
Another crypto exchange has decided to exit the U.S.By subscribing, you agree to our Terms of Use and Policies You may unsubscribe at any time.The sales...
阅读更多
IBM Revolutionizes Data Security with Quantum
Another crypto exchange has decided to exit the U.S.By subscribing, you agree to our Terms of Use and Policies You may unsubscribe at any time.What exac...
阅读更多
New transatlantic partnership formed to build ISS successor
Another crypto exchange has decided to exit the U.S.By subscribing, you agree to our Terms of Use and Policies You may unsubscribe at any time.American...
阅读更多
热门文章
- Russian Telco Bans LocalBitcoins Marketplace
- OpenAI faces potential lawsuit from New York Times
- Tech Giant Company Microsoft Alerts Crypto Holders Using Its OS of a Malware
- Tianlong 3: China's Space Pioneer to launch next
- ChainLink price up 3.13% to boost optimism for a bullish reversal to $10.00
- New undersea cable tech is like 'a powerful telescope for earthquakes'
最新文章
Chainlink (LINK/USD) losing $6 will be a bear trigger
JWST reveals a question mark
ChatGPT creator launches eye
US startup claims 'commercial scale' geothermal energy production after 30
Banks must get approval before offering crypto, says NYDFS
Twitter's new feature will allow publishers to charge users per article