Peer-to-peer cryptocurrency market Paxful introduced on April 4 that it was suspending operations. Founder and CEO of Paxful, Ray Youssef mentioned in a weblog publish that “key personnel departures” and the regulatory atmosphere had been behind the choice.
“We do not know if it (the market) will come again”, Youssef writing. He added that each one buyer funds are accounted for and requested prospects to withdraw their funds. The weblog publish offered hyperlinks to different platforms that Paxful steered non-US customers migrate to.
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