Bittrex Global ceases trading amid operations wind down
Bittrex Global is set to cease its trading operations globally on Dec. 4, following its U.S. arm’s legal settlement with the SEC and an ongoing complex regulatory landscape. Bittrex Global has announced the closure of its global operations. The announcement comes shortly after the shutdown of company’s U.S. arm, which faced legal challenges from the U.S. Securities and Exchange Commission (SEC). As of Dec. 4, Bittrex Global will cease all trading activities, transitioning solely to allowing asset withdrawals for its customers. It is with great regret that we inform you that Bittrex Global has decided to wind down its operations. Effective Monday 4 December 2023, all trading activity on Bittrex Global will be disabled. After that date, customers will only be able to withdraw assets as part of the… — Bittrex Global (@BittrexGlobal) November 20, 2023 The exchange’s decision to not facilitate withdrawals in U.S. dollars, advising customers to convert to e...