Crypto Exchange Bittrex To Exit Us Due To Regulatory Challenges Cryptoexchange bittrex inc.,founded in 2014 by three amazon inc. alumni, is shutting down its us operations, citing a regulatory environment that has made it “no longer feasible” to operate in. Seattle based cryptocurrency exchange bittrex, inc. will wind down its u.s. operations from april 30, the exchange announced on saturday, citing continued regulatory uncertainty in the region.
Bittrex Shuts Down U S Operations Citing Regulatory Environment Bittrex is a popular crypto exchange. image: shutterstock. american cryptocurrency exchange bittrex today announced that it would wind down its u.s. operations. in a friday statement, the exchange said that customer funds were safe and should be withdrawn by april 30, while trading will continue for clients until april 14. Company cites regulatory uncertainty for the decision. bittrex, an exchange that claims it offer the “widest selection of cryptocurrencies in the u.s.” and marked its ninth birthday last month. The crypto sector was rocked last year by the swift collapse of digital asset exchange ftx. the prices of bitcoin, ethereum and other coins fell steeply in aftermath of ftx’s shutdown. bittrex. Seattle based bittrex ceased operations in the united states on april 30, and it said the bankruptcy filing would not impact bittrex global, which serves customers outside the united states.
Crypto Exchange Bittrex Shuts Down Us Operations Due To Regulatory The crypto sector was rocked last year by the swift collapse of digital asset exchange ftx. the prices of bitcoin, ethereum and other coins fell steeply in aftermath of ftx’s shutdown. bittrex. Seattle based bittrex ceased operations in the united states on april 30, and it said the bankruptcy filing would not impact bittrex global, which serves customers outside the united states. The announcement came roughly nine months after u.s. based crypto exchange bittrex said it would shutter operations in response to the country’s regulatory environment. 14469 total views 151. Unmute. cryptocurrency exchange bittrex will shut down its u.s. platform on april 30 after nine years of operation, the company announced on friday. “it’s just not economically viable for us.
Bittrex Cites Regulatory Hurdles As Reason For Closing Us Operations The announcement came roughly nine months after u.s. based crypto exchange bittrex said it would shutter operations in response to the country’s regulatory environment. 14469 total views 151. Unmute. cryptocurrency exchange bittrex will shut down its u.s. platform on april 30 after nine years of operation, the company announced on friday. “it’s just not economically viable for us.
Bittrex Shutters Us Operations Due To Regulatory Uncertainty
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