Hey there! Just heard some interesting news about Crypto. com in the US. Starting June 21, they won't be serving institutional clients anymore. Apparently, they mentioned limited demand and market conditions as the reasons behind this decision. But hey, the good news is that their retail mobile app and platform are still up and running for all the American users out there!

https://share.newsbreak.com/43g1ld1s

If you're into trading, you can still enjoy cryptocurrency derivatives regulated by the Commodity Futures Trading Commission, and they have this thing called UpDown Options too, where you can open long or short positions on future crypto movements. It's a bummer they're closing the institutional service for now, but who knows, maybe they'll bring it back in the future!

Oh, and guess what? Crypto.com also got a major payment institution license in Singapore recently, allowing them to expand their services there. Pretty cool, right?

On a different note, it seems like it's been a bit of a wild ride for crypto exchanges in the US lately. The SEC is going after Binance.US and Coinbase, alleging some securities laws violations. The whole regulatory landscape is changing, and it'll be interesting to see how things unfold.

Just wanted to keep you in the loop and share these updates. Exciting and challenging times for the crypto world! Stay tuned for more!

#CryptoNews #CryptoCommunity #USUsers #InstitutionalClients #Regulation