US-based cryptocurrency exchange EDX Markets announced that it has removed one of the largest altcoins from the exchange.
According to the statement made by EDX Markets, users are now on the stock exchange. Bitcoin Cash (BCH) They will not be able to trade with.
With this decision, transactions can only be made with Bitcoin, Ethereum and Litecoin on the stock exchange.
The exchange did not make a statement about why it removed Bitcoin Cash from the exchange.
EDX Markets, whose establishment was announced last year, received support from leading investors in the traditional finance sector such as Fidelity, Schwab, Paradigm, Sequoia Capital and Citadel.
Unlike other cryptocurrency exchanges, EDX Markets does not hold users’ cryptocurrencies. Users must instead trade similar to those on the NYSE or Nasdaq.
In an interview with CNBC, EDXM CEO Jamil Nazarali answered the question of why the exchange only lists the quartet of Bitcoin, Ethereum, Litecoin and Bitcoin Cash.
by the U.S. Securities and Exchange Commission (SEC). not considered securities Saying that they want to list cryptocurrencies, Nazarali said, As legal uncertainties disappear He stated that more options will be added to the exchange.