Bittrex is officially unavailable for customers from New York, user accounts are closed, and assets that have not yet been withdrawn are not recoverable, – Bittrex Twitter.
Reasons for closing accounts for New York
This step was taken by Bittrex after the New York Department of Financial Services (NYDFS) had previously rejected a BitLicense application.
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"The failure of NYDFS in the BitLicense application from Bittrex requires us to immediately suspend operations in the state. The NYDFS decision applies only to the state of New York and is not a restriction for any other place in the United States or abroad", – the report says.
Bittrex exchange announced disabling accounts for clients in New York. "We regret to inform you that Bittrex will cease all operations for the residents of New York", – the exchange team.
Editor: Yuliya Soroka