Major cryptocurrency exchanges Bitfinex and Poloniex have announced in March and late July 2017, respectively, that they would stop their operations in the state of Washington following the enactment of Senate Bill 5031 or the Uniform Money Services Act.
Some cryptocurrency exchanges, meanwhile, want to do business in the state despite the new regulation.
Among them is Gemini, which already secured an approval and a license to start operating in the state, allowing its Washington-based customers to buy and sell virtual currencies at the exchange.
Report in detail can be read at - https://cointelegraph.com/news/license-required-poloniex-bitfinex-will-stop-operations-in-washington
wow
Are you kidding me?? This is why im leaving this country smh!
They should have applied for license
I don't need a piece of paper to tell me where to put my hard earned assets.