Bittrex Exits U.S. Market Amid Regulatory Issues
Crypto exchange Bittrex exits U.S. due to regulatory challenges. The Co-Founder and CEO, Richie Lai wrote on Twitter that the move does not impact Bittrex Global, which will continue operations as normal for its customer...
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Crypto exchange Bittrex exits U.S. due to regulatory challenges. The Co-Founder and CEO, Richie Lai wrote on Twitter that the move does not impact Bittrex Global, which will continue operations as normal for its customers outside the U.S.
Lai wrote that: “Today is a bittersweet day. This month we turned nine years old; and while I am excited and proud that we’ve come this far, I am also very sad. Today, Bittrex is beginning the process of winding down its U.S. operations. Don’t worry – all customer funds are safe and available to withdraw; however, it’s just not economically viable for us to continue to operate in the current U.S. regulatory and economic environment."
Thank you everyone....
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