One of the leading cryptocurrency exchange, Bitfinex, has just announced that it is pulling out of the US crypto market due to the challenging regulation by the US authority. In a recent statement by the exchange, existing US customers have Up to 90 days to discontinue all trading and 5 days to withdraw their ethereum- ERC20 tokens stored on the exchange.
This is not a good news for US-based traders and investors of the IOTA token as Bitfinex is the major exchange for this future-technology token.
How does this affect you? Let's know in the comment.