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Bitcoin Forum > Alternate cryptocurrencies > Altcoin Discussion > US Citizens are Getting Excluding from Exchange's. It's DEX Time!
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shaheer001
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June 16, 2019, 02:13:59 PM
 #21
Why so strict rules for US investors from exchanges, Is there any rule by US govt to not invest in exchanges or it is by exchanges itself?

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funchiestz (OP)
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June 17, 2019, 08:27:24 AM
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Quote from: shaheer001 on June 16, 2019, 02:13:59 PM
Why so strict rules for US investors from exchanges, Is there any rule by US govt to not invest in exchanges or it is by exchanges itself?

As far as I know, it's all about the SEC decisions. The SEC imposes a number of sanctions to protect its investors. I think the process will continue in this way until a legal regulation to be published in the USA.
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June 17, 2019, 10:42:27 AM
 #23
Exchanges fear financial regulators could kill their exchanges, hence the proactive step to stop US traders which is fine for the system. Let compliant exchanges apply for services in US soil just as Binance is planning. No CEO wants to face US sanctions.
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