Most of the traders and crypto investors come from the US i don't understand why they did not allow US to trade at their new Poloniex. will they stay longer on that idea? will! let see what they can do.
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Kurata
hahaha😂😂
I think it's true that a lot of crypo investors come from the US, at least in terms of wealth. But I don't think it's "most". In the past at least, I think more has come from Asia (especially China and Korea). And regulations in the US make it difficult to safely operate a cryptoexchange without risking difficult-to-predict legal troubles.
For example, it's hard to know if the coins that you are listing might be considered securities by the SEC (because the rules are very vague and the SEC doesn't just say which coins they consider securities and which ones they don't). And if the SEC decides that it's a security, then you're supposed to have a special license to allow users to trade that coin, and if you don't have that license, then you could be fined for allowing trading on your exchange. Even if you have that license, there still can be issues in which of your users are allowed to exchange that coin, depending on if they have enough wealth to be considered an "accredited investor" (just means someone rich enough that they are allowed to speculate on risky investments).
A similar problem can arise with respect to money transmission laws in the US. In this case, if you accept US customers, then you have to make special reports to the US financial crimes enforcement (FINCEN) organization if transactions are "suspicious" and exceed certain amounts of money. It also requires you to keep all sorts of additional records about your customers.
These rules, plus the concern that the rules and/or interpretation of these rules can change at any time, make it more difficult and scary to operate a cryptocurrency exchange that accepts US customers. This is also why Bitfinex and Binance have stopped accepting US customers.
Now i understood,so it is not easy for them also because of that difficulties,and i am sure the new owner comes from asia and they are just taking the best and easy way for their exchange.
Oh, I forgot to mention, there's also regulations around "commodity derivatives" if you allow the purchase of such products by US customers. An example of a derivative would be the bitcoin future contracts offered by BitMex that allow you to invest a small amount in a "leveraged" manner to invest at a higher risk level for a potentially higher return on your investment. In order to offer such investment opportunities to US customers, you would have to get them approved by CFTC (another US regulatory body, this one in charge of commodity derivatives). The CFTC fined Bitfinex ( a Hong Kong-based company) a while back, and this was probably the initial catalyst for Bitfinex to drop US customers.