Bancor reacts to regulatory uncertainty; will disable conversion functionality for U.S users

Decentralized trading platform, Bancor, recently announced in a blog post that citizens of the United States will no longer be able to use the Bancor application to convert tokens. However, users with Bancor wallets will still be able to log-in, hold tokens, and transfer tokens from the United States. Only conversion functionality will be disabled, the blog post said.

In their blog post,Bancor also revealed the reason for this new development

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