TagWashington State

"Reckless" Regulations Force Bitcoin Exchange ShapeShift to Exit Washington State

exit scam crypto exchange pure bit

Cryptocurrency exchange ShapeShift has announced it will terminate service to Washington state residents due to the BitLicense-style regulations imposed by the passage of Senate Bill 5031.  The company called the state’s position “unethical, wasteful, and reckless.” Exit ShapeShift made the announcement in a blog post, explaining that state had made the regulatory burden too great to operate...

Bitfinex To Stop Accepting Verification Requests From U.S. Customers

cryptocurrency crypto okex delisting

Bitfinex, a Hong Kong based cryptocurrency exchange, has decided to halt verification requests from U.S. customers, citing a backlog of requests and problems providing USD deposits and withdrawals, according to an announcement on its website. The company noted it has been considering exiting the U.S. market for some time. While noting it has been able to normalize banking for certain individuals...

Impractical Policies See Bitcoin Exchange Poloniex Suspends Services in Washington State

Poloniex, one of the largest cryptocurrency exchanges in the industry, officially announced the suspension of its services in the state of Washington due to impractical policies and regulatory frameworks. Users of Poloniex residing in Washington are given a two-week period by the Poloniex team to close existing orders and withdraw funds from their accounts. If users fail to withdraw their funds...

Bitcoin Exchange Bitfinex Pulls Out Of Washington State

cryptocurrency crypto okex delisting

Bitfinex, a Hong Kong-based bitcoin exchange, has stopped offering services to customers in the state of Washington. First revealed on Reddit by a user who claimed to have received a message on their BFX account that Bitfinex could no longer offer them services since they are in Washington State. The Reddit poster noted they had not received an email from Bitfinex and were given one day to...

Do NOT follow this link or you will be banned from the site!