Crypto Exchange Bittrex to Wind Down U.S. Operations Next Month

“It’s simply not economically viable for us to proceed to function within the present U.S. regulatory and financial atmosphere,” mentioned Bittrex co-founder and CEO Ritchie Lai within the assertion. “Regulatory necessities are sometimes unclear and enforced with out acceptable dialogue or enter, leading to an uneven aggressive panorama,” he continued. “Working within the U.S. is not possible.”