Starting from June 21st, Crypto.com will stop providing services to institutional customers in the United States, but retail investors will not be affected.
Starting June 21st, Crypto.com will stop serving institutional clients in the US, but this change won't affect retail investors.
Encryption exchange Crypto.com announced that it will no longer provide services to US institutional clients from June 21. Crypto.com stated that “given the current market environment, institutional client demand is limited. Retail investors will not be affected by this decision and will be able to continue using the platform in the United States, including Crypto.com’s CFTC-regulated UpDown Options.”
Reference: https://www.coindesk.com/business/2023/06/09/cryptocom-winds-down-us-institutional-business/
