{"id":382986,"date":"2023-04-02T09:39:51","date_gmt":"2023-04-02T09:39:51","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=382986"},"modified":"2023-04-02T09:39:51","modified_gmt":"2023-04-02T09:39:51","slug":"bittrex-crypto-exchange-quits-us-citing-unfavorable-regulatory-environment","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/bittrex-crypto-exchange-quits-us-citing-unfavorable-regulatory-environment","title":{"rendered":"Bittrex Crypto Exchange Quits US, Citing Unfavorable Regulatory Environment"},"content":{"rendered":"
Bittrex, a Seattle-based crypto exchange, has winded down its operations in the United States. This is after the exchange cited the uncertain regulatory environment surrounding its business. However, the exchange’s customers have 30 days to withdraw their assets from the platform. Notably, Bittrex will suspend all trading on April 14. However, the customers have until April 30 to withdraw all their verified balances.<\/p>\n
\nDue to continued regulatory uncertainty, we have made the difficult decision to wind down our U.S. operations, effective April 30, 2023. All funds are safe and can be fully withdrawn immediately. <\/p>\n
This does not affect customers of @BittrexGlobal<\/a> https:\/\/t.co\/MY4u7XLk9z<\/a><\/p>\n
— Bittrex (@BittrexExchange) March 31, 2023<\/a><\/p><\/blockquote>\n