What are the reasons behind the ban of FCT coin by BitMEX for US customers?

3 answers

• Mar 20, 2022 · 3 years ago
  BitMEX has banned FCT coin for US customers due to regulatory concerns. The US government has been cracking down on cryptocurrencies, and BitMEX wants to ensure compliance with regulations to avoid any legal issues. By banning FCT coin, BitMEX is taking a proactive approach to protect its users and the exchange itself from potential legal consequences.
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• Mar 20, 2022 · 3 years ago
  The ban on FCT coin by BitMEX for US customers is a result of increased scrutiny on cryptocurrencies in the US. With the SEC and other regulatory bodies closely monitoring the industry, BitMEX has decided to play it safe and exclude FCT coin from its offerings to US customers. This move is aimed at mitigating any potential regulatory risks and maintaining a good standing with the authorities.
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• Mar 20, 2022 · 3 years ago
  As an expert in the cryptocurrency industry, I can tell you that BitMEX's decision to ban FCT coin for US customers is not surprising. The regulatory landscape in the US is complex and constantly evolving. BitMEX, like many other exchanges, is being cautious and ensuring compliance with the latest regulations. This ban is a proactive measure to protect both the exchange and its users from any potential legal issues.
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