Announcing via Twitter on June 7, 2019, Bittrex, another cryptocurrency exchange, said it would be geofencing as many 32 assets from its U.S. customer base.
The Seattle-based platform also identified regulatory uncertainties in the country as the reason for its decision.
As part of its Twitter announcement, Bittrex declared:
“International markets provide the greatest opportunity for growth and the lowest risk of regulatory uncertainty. We will continue to advocate for laws and regulations that foster innovation.”
