Sources
Loading...
Additional media
Loading...
DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
EXCHANGES RISKING IT WITH U.S. RULES So, Bybit, Bitget, and OKX are pulling 877k monthly active U.S. users, but they're not supposed to be letting anyone trade here. People are using VPNs and fake IDs like it's no big deal to get around the restrictions. It’s a vibe that’s… https://t.co/1vmHSzhmOa
RIVAL CRYPTO EXCHANGES RISK RUNNING AFOUL OF U.S. RULES Bybit, Bitget, and OKX, three major exchanges, combined have nearly 900,000 monthly active users in the U.S., despite prohibiting American traders. While these platforms restrict access, users bypass geo-blocking with VPNs… https://t.co/vewktOjIZz
🚨 Are crypto exchanges like Bybit, Bitget, and OKX risking U.S. regulatory scrutiny? With nearly a million monthly active users in the U.S., these platforms face challenges similar to Binance's costly lesson. Are users just checking prices, or is there more at play? Dive into…
Despite prohibiting U.S. customers, crypto exchanges Bybit, Bitget, and OKX collectively attract nearly 900,000 monthly active users in the United States. This situation raises concerns about potential regulatory scrutiny as users reportedly circumvent restrictions using VPNs and fake identities. The growing user base highlights the challenges these platforms face, similar to those encountered by Binance, which has faced significant regulatory issues. The investigation into this phenomenon suggests that many users may be checking prices rather than actively trading, complicating the landscape for compliance and regulation in the crypto industry.
