New user ban loses Bithumb 40% of its Trading Volume – Bitcoints

bitcoin

Published on August 3rd, 2018 | by bitcoin

0

New user ban loses Bithumb 40% of its Trading Volume

New user ban loses Bithumb 40% of its Trading VolumeTrading volume at one of the world’s largest cryptocurrency exchanges has plummeted by 40 percent in three days after it temporarily stopped opening new user accounts.
Twenty-four-hour trading volume on Bithumb was around $350 million on Tuesday, according to archived CoinMarketCap data.
Yet, over the past three days, volume has declined to around $200 million (as of press time on Friday), reflecting an over 40-percent drop.
The exchange has not responded to CoinDesk’s request for comment on the trading volume drop and the banking issue.
On July 26, an executive at the Financial Services Commission called on politicians to pass a bill regulating cryptocurrency exchanges “as soon as possible.”

Source: Www.coindesk.com

Tags: , , ,



Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Back to Top ↑