Trade Barrier to USA from Solana-Based Decentralized Exchange

Orca, the highest-volume decentralized cryptocurrency exchange (DEX) based on Solana (SOL), has announced that it will block US users from trading on its website.

Operating on the Solana blockchain, Orca announced on its official website on March 16, USAto 31 March since via website to trade blocked country And regions to the list will add announced.

The announcement on the website is as follows:

Orca will add the United States to the territories and countries restricted from trading on orca.so, effective March 31, 2023.

Orca said that although the policy change prevents US users from trading on the website, Orca smart contracts users interacting with activities effective on that you will not underlined.

on the other hand orca‘s another DEX Jupiter for liquidity aggregator therefore users alternative as Jupiter can use was put forward.

Last week, according to defiLlama data 280 million dollar trade volume orcaof, of the USA against cryptocurrency exchanges recently. strict policies It is believed that he resorted to this route because of

source site-9