Bitcoin exchange CEX.IO has expanded its operations to the US enabling customers in 23 states to deposit and withdraw fiat currency.
The US launch comes amid a continued pivot away from mining services. The company halted its cloud mining operations in January citing bitcoin's declining price as a motivating factor.
Danova noted that the mining cease was a temporary measure, as the company looked to focus on developing its exchange.
"We've been developing in this direction for a long time", she said, adding:
In order to access the exchange, consumers in the approved US states and jurisdictions will have to adhere to CEX.IO compliance procedures, based on know-your-customer (KYC) and anti-money laundering (AML) standards.
To register, traders must provide a form of identification, such as a national ID card or passport.
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