New users of Bitfinex now need the "invitation code"

Old and new users of one of the most popular cryptcourrency exchange aren't able to find "invitation code"
20 December 2017   853

Yesterday new users of one of the most popular cryptocurrency exchange Bitfinex had faced unexpected issue with registration. Now in order to create an account, new users need the "invitation code".

Bitfinex Sign Up Form
Bitfinex Sign Up Form

As you can see on the screenshot above, there isn't a lot of information what is "invitation code" and where should new user get one. On the Reddit thread even users with old and active accounts aren't able to find a code to share with a friend. 

There are no invitation codes. Bitfinex is probably trying to halt all new registrations without publicly saying as much. Given the other dodgy things of late (warrant canaries, withdrawal minimums), it might just be that they're about to get shuttered. FBI? FINCEN?

xpanda70 from Reddit

It is worth noting that there is no information on the new registration rules in the official Twitter account. 

Registration and account validation on any of the cryptocurrency exchange is not an easy deal at all. For example, at Poloniex, you need to provide the scan of your ID and and a clear photo with you, your ID and "Poloniex" on the piece of paper. And photo must be 100% clearly visible.

Poloniex Account Verification
Poloniex Account Verification

Another popular exchange called Bittrex decided not to bother itself with "invitation codes" or collecting photos of new users. They just stopped new users' registration five days ago and still hadn't open it again. 

ING Bank Confirmed Bitfinex Account Support

Wells Fargo had ended dealings with exchange last year and U.S. regulator said to send subpoenas to Bitfinex on Dec. 6
21 February 2018   178

Bitfinex, a large crypto-currency exchange that was in the spotlight of US regulators late last year, opened an account with ING after Wells Fargo refused to service it last year. This is reported by Bloomberg News.

ING spokesman Harold Reusken confirmed that Bitfinex is a client of the bank. He refused to go into details of their relationship, referring to the confidentiality of information, while specifying that the bank adheres to special practices regarding transactions related to crypto-currencies. Reusken did not say anything about Tether, which is connected with the Bitfinex issuer of USDT tokens, which causes a lot of questions in the crypto-currency community. Earlier, BitMEX researchers concluded that Tether money can be kept in Puerto Rico.

With companies that are active in the crypto market we are very reserved. Not with companies that are in traditional markets and receive or do payments with cryptocurrencies, but with parties that are in the chain of cryptocurrencies.

Harold Reusken

Spokesman, ING

Bitfinex did not divulge with which banks it operates, after the closure of the account in Wells Fargo. The ING statement is the first confirmation of the relationship between Bitfinex and a large financial company capable of providing storage services.

It is also unclear where Bitfinex was served after the breakdown of relations with Wells Fargo and when this account was opened.

The connection between Bitfinex and ING is interested by Dutch lawmakers. A member of the opposition workers' party, Nank Neybour, asked Finance Minister Vopka Hextra to look into this issue, including explaining why other banks broke off relations with Bitfinex and what measures the exchange and the bank take to prevent the use of their sites by intruders.