Bittrex to Launch International Trading Platform

The international platform will be available to existing Bittrex users except US customers
30 October 2018   458

At Bittrex International, there will be improved listing procedures for tokens and advanced options for qualified users from different countries.

The international platform will be available to existing Bittrex users, with the exception of US exchange customers.

Testing of Bittrex International will last over the next few weeks. Earlier the management of the American Stock Exchange planned to name its division Bittrex Malta.

According to Bittrex, the earlier process of including tokens in the listing took months. At Bittrex International, this process has been greatly improved and will be much faster. At the same time, token developers will get access to the company's partner network.

The platform will carry out its activities within the regulatory framework of the European Union and the Government of Malta.

We are committed to being a driving force in the blockchain revolution by increasing adoption of this innovative technology around the world. Bittrex International's more efficient token listing process, combined with our reliable, secure and advanced trading platform technology, will make it easy to quickly feature the newest, most innovative blockchain projects for our international partners and customers. 
 

Bill Shihara
CEO, Bittrex

Those preparing for listing on Bittrex International's assets will have to meet the standards set by the company for new tokens, which include such criteria as “authenticity, innovation and quality”. Also, the coins should not contradict the requirements of the Maltese Law on Virtual Financial Assets.

We Have No North Korean Users, - Bittrex

New York regulator have had identify two Bittrex users as North Koreans, but exchange says NYDFS was mistaken
23 April 2019   115

Bittrex Cryptocurrency Exchange this Monday reported that the regulator was wrong when it recognized its two users as North Korean citizens.

Bittrex analyzed two accounts that, according to the New York Department of Financial Services, should not have access to the American trading platform, and concluded that they already came into her field of vision during an investigation in October 2017.

South Korean residents mistakenly selected North Korea in our country dropdown menu, but we determined through country identifictation, physical and IP addresses that ALL were from South Korea.
 

Bittrex Team

Earlier, a representative of the regulator in a conversation with CoinDesk said that during the audit of Bittrex accounts this year, they identified two users from North Korea.

More may exist. At least one North Korean account was active into 2017. [along with two accounts in another sanctioned country, Iran, that were active during this year’s examination].
 

Shirin Emami

Executive deputy superintendent for banking, NYDFS

Access of such users to the exchange was one of the reasons for the refusal of Bittrex to issue a license to serve New Yorkers. The company did not agree with the charges brought against it.