Singapore-based cryptocurrency exchange Crypto.com has announced that it will end its services to corporate customers in the United States.
According to the news published by CoinDesk on June 9, Crypto.com, 21 June in the USA since to corporate customers given will terminate the services.
individual customers, US Commodity Futures Trading Commission (CFTC) regulated by UpDown options from services, including will continue to benefit.
Stock Exchange, the decision taken in the USA from corporate customers incoming due to limited demand and made the following statements on the subject:
Due to the limited demand from institutions in the USA in the current market environment, we have decided to suspend the corporate services of Crypto.com Exchange in the USA as of June 21, 2023 at 06:59. Affected corporate users have been given advance notice to support a smooth transition.
Crypto.com in the future corporate services you can restart but market conditions for this convenient stated that it should be
In the statement, any statement of this to the absence despite the stock market of the US Securities and Exchange Commission (SEC) soon Binance And to Coinbase opened litigation is effective was also suggested.
stock market recently Major Payment Institution (MPI) from Singapore announced that he had received the license.