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RE: Is Bittrex Safe From the U.S. Government - Should Read This Bitfinex announcement!

in #cryptocurrency7 years ago

Bittrex is based in and fully regulated by USA. So if you are an American it is the safest place to be. Bitfinex is rejecting US customers b/c they have had a longstanding problem with US banking regulations, as many non-US based exchanges do. Can't say as I blame them. BTCe was shutdown due to supposed $$ laundering of its founder and his connexion to Mt Gox. Now whether US should have any jurisdiction there is another discussion!

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have to say i agree. Nothing strange here, a foreign exchange not taking US based customers b/c of regulation issues. It would be naive to assume that w/more and more money sloshing around, in this space, the US would eventually want "their share" of tax revenue. After all we have debts to pay and wars to wage......