Restricted Access

According to reports, according to an official announcement, the Solana Eco Decentralized Cryptocurrency Exchange Orca began restricting access by U.S. traders on March 31. Orca stated that it “added the United States to regions and countries that restrict transactions on its website orca.so.”. The decentralized exchange Orca will restrict access to the United States from March 31st Analysis based on this information:Orca, the Solana Eco Decentralized Cryptocurrency Exchange has recently announced that it is restricting access to its site for U.S. traders. The move is said to be effective from March 31st, which means that all U.S. traders can no longer conduct transactions on the site or create a new account. Orca noted that it has “added the United States to regions and countries that restrict transactions on its website orca.so.,” and is doing so due to regulatory requirements. The announcement comes as U.S. regulators have become increasingly stringent on cryptocurrency platforms operating within the country. Orca’s decision to restrict…