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Cryptocurrency Ecosystem => Crypto Exchanges => Topic started by: Zed0X on October 20, 2019, 08:28:43 AM

Title: Bittrex International Halts Service in Venezuela and 30 More Countries
Post by: Zed0X on October 20, 2019, 08:28:43 AM

Here we go again. Another exchange probably being forced by government to stop their services in many countries. This is Bittrex being selective and not so "International". Maybe they should just create a "Bittrex DEX" and cater to as many countries as they can without any pressure from regulators.

Quote from: https://cointelegraph.com/news/bittrex-international-halts-service-in-venezuela-and-30-more-countries

In an email to Venezuelan customers, Bittrex International announced that the exchange will halt account and trading access to users on Oct. 29, asking them to withdraw their funds with the exchange before that date, Cointelegraph en Español reports on Oct. 19.

According to the report, the Malta-based international trading platform of Bittrex has informed its entire user base in Venezuela that it will stop its services for users in the country without citing a clear reason for the action.

However, Venezuela is not the only country that will have to stop using Bittrex’s services this time, according to information acquired by Cointelegraph en Español. The firm confirmed to the Cointelegraph en Español team that it is actually halting the service for a total of 31 countries, including Afghanistan, Egypt, Bosnia and Herzegovina, Cambodia, the Central African Republic, the Democratic Republic of the Congo, Ivory Coast, Tunisia, Ethiopia, Uganda and Yemen.