Post
Topic
Board Altcoin Discussion
Re: Poloniex closes his doors for US citizens
by
Febo
on 18/10/2019, 19:00:53 UTC
Poloniex closes his doors for US citizens:
Quote
Beginning today, US persons will no longer be able to create new accounts on Poloniex. Starting on November 1, 2019, US customers will no longer be able to execute trades on the exchange. When trading ends, US customers will still be able to withdraw their assets through Circle until at least December 15, 2019.
https://medium.com/circle-trader/poloniex-spins-out-from-circle-with-new-backing-global-focus-5a19357bdaee
What do you think about it and future of Poloniex?
Also they made 0% fee for all spot trading to the end of year.  
It seems that their business is not going very well in last days.

It seems they see it is not worth to fight with USA regulations if can make profit elsewhere.  They might start USA Poloniex branch just like Binance did. Circle is not in crypto because crypto, but because of profit. They will do things that will give them most profit with least effort. Kraken is one of rare exchanges that keeps fighting.