Bitfinex will be terminating trading, deposits and withdrawal functionality for all U.S. customers, which will come into effect no later than November 9, 2017. The announcement urges all U.S.-based customers to withdraw their cryptocurrency tokens before the deadline.
With the SEC starting to crack down on ICOs deemed as securities that would be subject to existing financial regulations, do you see other exchanges following suit and exiting the U.S. Market?
Why they are doing this if they are legit? I'm not concerned by these rules but i think it's not good for bitcoin development.