Crypto Updates

Bittrex Closes for Good after SEC Onslaught


cryptocurrency exchange has just announced that it is disappearing from the
market. Bittrex, originating from Liechtenstein, will suspend trading and
operations in US dollars from the beginning of next month. This is the
aftermath of the actions of the US Securities and Exchange Commission (SEC) that began in April, which led to the closure of the platform’s branch in the USA.

Bittrex Global Ends

On 20
November, the cryptocurrency exchange announced “with great regret”
that it had decided to end its current operations. As a result, trading on the
platform will be suspended from December 4, and after that date, users will
only be able to withdraw their funds.

our customers are strongly encouraged to log into their account and withdraw
assets as soon as possible,” Bittrex Global commented.

At the same
time, the exchange asks its users who have funds in US dollars to exchange them
for euros or cryptocurrencies before the mentioned date, otherwise, they may not
be able to withdraw them.

platform also warns against depositing new funds. “We cannot…

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