Is Bittrex Safe From the U.S. Government - Should Read This Bitfinex announcement!
It seems that the U.S. Government is doing its upmost to disrupt cryptocurrencies. I am worried that Bittrex is based in the U.S. Should I move everything out of it?
Read this announcement from Bitfinex suspending services for Americans
https://www.bitfinex.com/posts/216
Also read this terrifying article about the FBI raid at BTC-E exchange
https://www.coindesk.com/btc-e-goes-bitfinex-bitcoin-exchange-could-issue-tokens-in-bid-to-relaunch/
Bittrex is based in and fully regulated by USA. So if you are an American it is the safest place to be. Bitfinex is rejecting US customers b/c they have had a longstanding problem with US banking regulations, as many non-US based exchanges do. Can't say as I blame them. BTCe was shutdown due to supposed $$ laundering of its founder and his connexion to Mt Gox. Now whether US should have any jurisdiction there is another discussion!
have to say i agree. Nothing strange here, a foreign exchange not taking US based customers b/c of regulation issues. It would be naive to assume that w/more and more money sloshing around, in this space, the US would eventually want "their share" of tax revenue. After all we have debts to pay and wars to wage......