New memo just came out today from Bitfinex that will slowly discontinue all US individual accounts over the next 90 days, because of the bureaucratic government overreach in restrictions and legal issues which seem to be escalating lately.
We anticipate the regulatory landscape to become even more challenging in the future.
We are thankful to all of our loyal U.S. customers that have consistently traded with us but, unfortunately, we have an obligation to our whole customer base and to our shareholders to make rational resource allocation decisions.
Furthermore, over the next 90 days, we will be discontinuing services to our existing U.S. individual customers. We will be communicating further with affected users on timing and specifics. Our intention is to reduce disruption as much as possible for our U.S. customers.
See the ,emo here: https://www.bitfinex.com/posts/216
So I feel hat this is only the beginning as we are being smothered by the bureaucracy of the FED. We all know why, as cryptocurrency is a way to escape their bondage as well as taxation. Our "Freedom" is once again being stripped from us yet once again.
I need to know how to set up a non-US identity for doing business outside the tyranical US. So if you know how or have resources, then please let me know.
Jeff Berwick @jeffberwick / The Dollar Vigilante@dollarvigilante
We need you now...