Impractical regulations see Poloniex pulling out of Washington State
Digital currency exchange Poloniex is halting its services in the state of Washington.
Poloniex customers living in Washington were given a two-week period to close any open orders and withdraw funds from their accounts.
Users who fail to withdraw their funds by April 21, 2017, will be required to submit support tickets directly to Poloniex customer support before they can move their funds elsewhere.
here is no deadline, but the company is urging its customers to withdraw their funds “as soon as possible” because accounts of verified Washington state residents “will be placed in a suspended state and access will be restricted.”
The reason for Poloniex’s abrupt suspension of services in Washington? The state’s impractical financial services regulatory framework.
SEE MORE HERE ---------------> https://calvinayre.com/2017/04/12/business/impractical-regulations-see-poloniex-pulling-washington-state/
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