Crypto.Com to Halt Institutional Exchange Services in the U.S 

Crypto.Com to Halt Institutional Exchange Services in the U.S 

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Decreased demand from users forced Crypto.com to pause their services in the U.S. 
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Bitcoin’s trading volume dipped over 19% intraday following the SEC’s action. 
According to the recent announcement from Singaporean-based cryptocurrency exchange Crypto.com, it will no longer serve its United States-based clients starting from June 21.
The move to halt service arrived on the heels of decreased user demand in the current market scenario. The exchange noted that prior notice was provided to users about the decision to suspend services. 
As a result, the company is now limiting its business to retailers in the U.S. These investors …
 

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