Crypto.com Halts US Institutional Exchange Services

Crypto.com has suspended its institutional exchange service in the United States due to limited demand from institutional customers and testing market conditions. The exchange's retail mobile application and platform remains fully operational in the country. American retail users still have access to cryptocurrency derivatives trading regulated by the Commodity Futures Trading Commission as well as the exchange’s UpDown Options offering. Crypto.com remains open to a potential relaunch of its institutional exchange in the United States.