Crypto.com will stop providing services to institutional clients in the United States starting from June 21st, while the business for retail investors remains unaffected.
According to BlockBeats news on June 10th, Crypto.com, a cryptocurrency trading platform, announced that it will no longer provide services to institutional clients in the United States starting from June 21st. Institutional clients have received notices of the decision to suspend services in advance.
Crypto.com stated that due to the "current market landscape," institutional clients' "demand is limited." Retail investors will not be affected by this decision and can continue to use the platform in the United States.