Market Analysis Report (10 Jun 2019)

Major cryptocurrency exchange operator, Bittrex, announced it will disable support for 32 listed cryptoassets for customers based in the U.S.  Among the cryptocurrencies set to be disabled on Bittrex – and transitioned to Bittrex International – are Storj (STORJ), Gifto (GTO), and Enigma (ENG).

Bittrex’s decision comes only a few weeks after Poloniex stopped offering nine cryptocurrencies to domestic customers due to regulatory uncertainty. Effective on June 21, the U.S.-based exchange stated in a blog post that:

“U.S. Customers will be sent an email communication from Bittrex that provides guidance on what they can and cannot do with their affected Tokens/Coins in connection with this change before an affected market is no longer available.”

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