Poloniex, the leading crypto-exchanger, will no longer support 9 cryptocurrencies for US traders. According to the Medium report, the lack of regulatory documents for these projects may lead to the fact that they will be classified as securities.
Cancel cryptocurrency on the stock exchange
Poloniex, which was acquired by the largest Circle payment provider back in February 2018, will no longer offer tradingTrading
– is an economic term that means the process of independent trade, independent analysis of the market and the conclusion of trade transactions.Details in the following cryptocurrencies to US customers: Ardor (ARDR), Bytecoin (BCN), Decred (DCR), GameCredits (GAME), Gas (GAS) , Lisk (LSK), Nxt (NXT), Omni (OMNI) and Augur (REP). The decision was taken at the direction of the regulatory authorities.
Interesting in the section: Poloniex – description of the exchange platform
According to the exchange: "today's actions are the result of regulatory uncertainty in the US market. It is impossible to be sure that US regulators will consider these assets as securities. We understand how disappointing this situation is for our clients and the crypto-community in a broader sense." – exchange Twitter.
Poloniex notified US customers about the exclusion of 9 cryptocurrencies on the exchange. US customers are informed of the completion of trading and the closing of all positions with cryptocurrencies removed until May 29th.
Editor: Yuliya Soroka