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    ESP Blockchain Journal
    Home»Noticias»Abra has imposed restrictions on US residents due to regulatory risks

    Abra has imposed restrictions on US residents due to regulatory risks

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    By BlockchainJournal on julio 26, 2019 Noticias
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    The wallet provider Abra announced that it is forced to make changes in the user policy for US residents due to the increased attention of regulators to the industry and the lack of clear rules for working with digital assets. So, Abra will add native support for all the assets that are now present in the wallet in synthetic form.

    This will not affect Bitcoin, Bitcoin Cash, Ethereum and Litecoin. At the same time, private keys to the purses with the listed assets will remain on the user's side.

    After migrating to native wallets, new rules for US residents come into force: since August 29, they are prohibited from retaining QTUM, BTG, EOS, OMG and SNT. Note that users from the state of New York will be able to store Bitcoin, BCH, LTC and ETH, but they will not be able to access bank transfer, transfer via an automated clearing house and I / O to American express cards.

    All balances for these users will be displayed in BTC.

    Earlier, the media reported on the launch of the investigation of the Commission for urgent exchange trading of the United States (CFTC) in relation to the platform for trading Bitcoin derivatives BitMEX.

    Media: CFTC has launched an investigation into the BitMEX Bitcoin exchange

    Last month, Binance.com announced its withdrawal from the US market, promising to open a separate, regulated platform in this jurisdiction.

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