Bancor To Block US Users Amid Regulatory Uncertainty

By Dean Seal (June 19, 2019, 6:26 PM EDT) -- Decentralized exchange platform Bancor is planning to block U.S. residents from trading digital tokens using its web application due to "increased regulatory uncertainty" in the cryptocurrency space.

The trading ban for Bancor users with U.S. IP addresses will go into effect July 8, the platform said Tuesday in a blog post. Bancor didn't go into specifics but generally cited a lack of clarity from federal regulators as the motive for restricting access to its web app and liquidity network.

"At this time, we believe this is the most judicious decision for all the members of our ecosystem," Bancor said. "This will...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!