Users of Bittrex Global will have until Dec. 4 to convert all U.S. dollar holdings and complete trading before only withdrawals are allowed on the platform.
Highlights
- Liechtenstein-based cryptocurrency exchange Bittrex Global has announced it plans to wind down operations.
- All users with U.S.
- dollar holdings need to convert their funds to euros or cryptocurrency before Dec.
- 4.
- The platform will suspend trading activities and only allow certain withdrawals on Dec.4.
- The announcement came roughly nine months after its United States-based arm said it planned to end operations in the country starting on April 30 “due to continued regulatory uncertainty” In April, the SEC charged the exchange for operating as an unregistered exchange, broker and clearing agency.
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