Today, we learned that Circle is spinning out Poloniex after acquiring the exchange for $400 MILLION less than two years ago. Not only is Poloniex spinning out, but it is EXCLUDING US customers in the new version of the exchange, effective in a few weeks. So what happened with Poloniex, was it a rough regulatory environment like Circle said, a lack of innovation, or a lot more?
“Poloniex Spins Out from Circle with New Backing & Global Focus” https://medium.com/circle-trader/poloniex-spins-out-from-circle-with-new-backing-global-focus-5a19357bdaee
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