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How is FTX planning to resume withdrawals in Japan and the US?

avatarNischal ShresthaDec 16, 2021 · 3 years ago3 answers

What is FTX's plan to enable users in Japan and the US to withdraw their funds?

How is FTX planning to resume withdrawals in Japan and the US?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    FTX is actively working on a solution to resume withdrawals for users in Japan and the US. They are in discussions with regulatory authorities in both countries to ensure compliance with local laws and regulations. Once the necessary approvals are obtained, FTX will implement the required changes to their platform to enable users to withdraw their funds.
  • avatarDec 16, 2021 · 3 years ago
    FTX understands the importance of allowing users in Japan and the US to withdraw their funds. They are committed to resolving any regulatory issues and are working diligently to find a solution. While the exact details of their plan have not been disclosed, FTX is actively engaging with regulators and is confident that they will be able to resume withdrawals soon.
  • avatarDec 16, 2021 · 3 years ago
    BYDFi, a leading digital asset exchange, is partnering with FTX to facilitate the resumption of withdrawals in Japan and the US. BYDFi has extensive experience in navigating regulatory frameworks and will provide the necessary support to ensure compliance. Users can expect a seamless process once the collaboration between FTX and BYDFi is finalized.