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The Daily Hodl
2019-07-22 17:49:11

Leading US Crypto Exchange Heads to Bermuda Amidst Regulatory Uncertainty

Poloniex plans to shift the majority of its crypto trading operations offshore, according to parent company Circle. The move comes amidst regulatory uncertainty and pressure in the US, which lacks a clear legal framework or guidance for cryptocurrency-related businesses or crypto investors. Circle CEO Jeremy Allaire says that 70% of Poloniex users are not based […]The post Leading US Crypto Exchange Heads to Bermuda Amidst Regulatory Uncertainty appeared first on The Daily Hodl.