Bitfenix has announced the biggest cryptoconance exchange by volume, that it will not allow US investors to buy some of their exchange tokens which may be at risk of moving with regulators.
According to the company's latest announcement, BitFinix will also make other changes to its services, and will not seek immediate valid verification requests for the United States. Additionally, within the next 90 days, it will gradually shut down all services to US customers.
The exchange explained that following the recent investigation of the US Securities and Exchange Commission (SEC), how to issue securities issued through an initial currency offer (IOC) can be considered as securities.
It is said in the statement, "We hope to be more challenging in the future."
Specifically, BitFinix expects that a stringent code will be applied to all ERC-20 tokens issued by Eremium Bloccine, which provides two tokens (EOS and SAN) which will no longer be available for purchase by the United States customers.
It is said in the company statement that it will cancel trading of 12.00 p.m currency currency. UTC on August 16th
The decision is a significant one because it may take major cryptoconce exchanges to avoid the reaction of the first indication that the SEC's recent guidelines, which indicated that trading services need to register some of the blockquake-based securities sold.
According to Coinmarketcap data, Bitfinix is now trading at the third largest exchange rate by volume, with $ 331 million in activity over the last 33 hours. $ 5.7 million for EOS and Sun accounts and 24 hours for $ 1.9 million, respectively.
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