Bittrex exchange to cease US operations, here's why
Some users spoke of Bittrex as their initial exposure to the world of cryptocurrencies, thus the dismay that its U.S. operations were winding down.
As stated in a release, Bittrex U.S. is making the difficult decision to wind down and close its U.S. operations as a direct result of"continued regulatory uncertainty and a lack of interest from U.S. regulators regarding sensible policies that will foster innovation and enhance the American economy."
The decision will take effect on April 30, 2023, and all customer funds are safe and can be withdrawn until that date. The announcement does not impact Bittrex Global, which will continue operations for its customers outside the U.S.
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