The Bittrex cryptocurrency exchange has announced the termination of servicing residents of 31 countries, including Venezuela, Bosnia and Herzegovina, Egypt and Iraq, as well as a number of other Asian and African countries.
According to a message on the Bittrex International website, the reason for this decision was regulatory uncertainty in these jurisdictions.
Bidding for users from these countries will be stopped at 19:00 UTC on October 29.
Earlier this week, the Bittrex user-centric platform announced that it had received a license from a money transfer operator in North Carolina. This will allow residents and state companies to use the US dollar for deposits and withdrawals.
#Bittrex Community: Bittrex has been approved as a Money Transmitter in the state of North Carolina! NMLS ID 1544336. We're excited to welcome North Carolina customers to join our USD Markets. Details: https://t.co/dcbVcWWYxT pic.twitter.com/VWsagy8sij
– Bittrex (@BittrexExchange) October 16, 2019
Residents of several states, including New York, New Jersey and Nevada, are still unable to do so.
Earlier in October, it was reported that before the end of the month, Bittrex will launch the new Bittrex Global platform, headquartered in Liechtenstein.
Subscribe to BlockchainJournal news in Telegram: BlockchainJournal Live – the entire news feed, BlockchainJournal – the most important news and polls.
BlockchainJournal.news
BlockchainJournal.news
