Crypto.com will suspend services for U.S. institutional clients starting June 21

ChainCatcher news, according to Cointelegraph, Crypto.com announced that it will suspend services for institutional clients in the U.S. starting June 21, with limited demand from institutional clients being the main reason for this move.

It is reported that the Crypto.com retail mobile application and platform are still fully operational in the U.S., and U.S. retail users can still access CFTC-regulated cryptocurrency derivatives trading and its UpDown options products. Crypto.com is open to possibly restarting its institutional trading in the U.S. (source link)