Bittrex Shuts Down US Operations As Regulators Crack Down On Crypto Startups

Cryptocurrency exchange Bittrex Inc. is closing its operations in the U.S. The current regulatory climate renders it “unfeasible” and “economically unviable” to continue functioning in the country, Bittrex co-founder and CEO Richie Lai tweeted. Customers can withdraw their funds until the end of April, while Bittrex’s international operations will remain active.