Circle set to eliminate margin, remove three tokens from its exchange


Circle is ending margin lending for U.S. customers on its Poloniex exchange by the end of the year. The move, it says, is part of the firm's "ongoing commitment to ensure that Poloniex complies with regulatory requirements in every jurisdiction." In addition to the sunset for margin, three tokens will no longer be listed beginning a week from today, October 10. Those cryptoassets, Synereo (AMP), Expanse (EXP), and Gnosis (GNO) will no longer be traded on Poloniex, but customers will have a month to take control of the assets. Circle, founded five years ago, is one the leading players in crypto finance. It acquired the Poloniex exchange in February of 2018. (Source: Circle)

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Aug 11, 2021, 5:18PM UTC