Category: poloniex

Binance DEX: Navigating Country-Specific Cryptocurrency Trading Restrictions

At the start of June 2019, reports emerged that Binance DEX’s website was blocking users with IP addresses from 29 countries. This news immediately caused confusion with some commentators, using it as an opportunity to reaffirm their stance that Binance DEX is not truly a decentralized exchange (DEX). However, as […]

Poloniex Has Turned a New Leaf Since Circle Acquisition

When Circle acquired Poloniex in the spring of 2018, it inherited a torrent of problems that had been plaguing the exchange for months. In the midst of the bull market, Poloniex was unable to scale their infrastructure and human resources to adequately address customer issues. In a blog post on […]

SEC’s guidance prompts more questions than answers, says Circle’s Jeremy Allaire after Poloniex geo-fencing episode

Circle-acquired Poloniex, the US-based cryptocurrency exchange’s decision to geofence nine digital assets on its platform was met with criticism from some of the most prominent figures in the community. Jeremy Allaire, the CEO of Circle has, however, come out in support of Poloniex’s decision, stating that it was in response […]

Poloniex draws criticism after geo-fencing of nine cryptocurrencies

The Securities and Commission Exchange [SEC] has yet again delayed another Bitcoin ETF. This time around, the commission has decided to delay the VanEck Soldix Bitcoin ETF, one of the most awaited exchange-traded funds in the cryptocurrency community. In the document released today, the exchange has asked for more comments […]

Circle’s Poloniex Exchange Delists Nine Altcoins from U.S. Markets

Poloniex, the cryptocurrency exchange run by Circle Internet Financial, has announced the delisting of nine altcoins from its United States markets starting from May 29, 2019, citing regulatory uncertainties, according to a blog post on May 16, 2019. Poloniex Avoiding SEC Trouble In a bid to keep operating in compliance […]