“Land of the Free” is what many called the United States. Indeed, America is one of the freest places on Earth, just not for those in the Bitcoin and broader crypto asset space. Announced late last week, the Seattle-based Bittrex will be blocking its U.S. clients from accessing an array of cryptocurrencies, accentuating that local regulators are looking to or are already cracking down on this embryonic industry.
In a blog post published Friday, Bittrex, a well-known regulated crypto exchange centered around altcoins, revealed that it would soon be disallowing users in the United States from trading 32 cryptocurrencies. Although most assets mentioned are not well-known, the list includes QTUM, STORM, GO, and ENG — all popular ICOs during 2017 and 2018’s mania.