Poloniex suspend services in New Hampshire due to regulations

Poloniex has announced temporary suspension of activities in New Hampshire, starting early next month.

“Due to changes in New Hampshire’s regulatory statute as it applies to cryptocurrency, Poloniex will temporarily suspend New Hampshire account creation until further notice. For existing New Hampshire customers, you will receive an email with instructions on how to suspend your account,” said Poloniex.

During the suspension period, account holders will not be able to trade cryptocurrency on the platform. Poloniex has requested the affected customers to close any open positions and withdraw all the funds from the platform within October 6. The option to open new margin positions at the moment stands canceled to these customers. Apart from that, they will be able to operate rest of the features normally. Poloniex states that it has made arrangements to accommodate existing open margin positions.

Poloniex is a US-based cryptocurrency exchange.