“Beginning today, US persons will no longer be able to create new accounts on Poloniex. Starting on November 1, 2019, US customers will no longer be able to execute trades on the exchange. When trading ends, US customers will still be able to withdraw their assets through Circle until at least December 15, 2019.”Poloniex was a part of Circle for just under 18 months, and the latter ensured that the former saw numerous improvements like USDC integration and customer service offerings, reads a blog post from Circle. According to this second post, Circle simply couldn’t provide what Poloniex needs to grow into its full vision. However, on top of the dates mentioned above, United States citizens will be able to access their Circle wallets until December 15 of this year. Detailing their own plans, the US-based Circle will be taking advantage of its recent purchase, SeedInvest, to help more businesses reach their fundraising goals and bring together the world with “an open financial system.” What do you think about this break-off? Will Poloniex be able to expand better on its own? Let us know your thoughts in the comments below.
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