Cointime

Download App
iOS & Android

Bitfinex: According to regulatory requirements, it will stop providing products and services to some customers in the UK

Bitfinex announced in an official statement that it will stop providing products and services to certain customers in the UK in accordance with regulatory requirements. Bitfinex had previously informed that UK residents who create personal account verification on the Bitfinex platform on or after November 1, 2023, will no longer be eligible. In the future, Bitfinex will no longer accept verification applications from UK corporate residents, except for applications that meet the definition of applicable exemptions for high net worth companies, unincorporated associations or trusts, or other related exemptions.

Starting from January 10th, certain existing UK customers will no longer be able to make new deposits, sign new contracts, or increase existing margin positions, but they can continue to reduce or close positions and withdraw funds from their platform.

Comments

All Comments

Recommended for you