US-compliant crypto platform abfinance announces suspension of operations
2026-08-15 08:02:46
According to CoinMeta, Wu said that he learned that abfinance, an American compliant cryptocurrency trading platform co-founded by the former Bybit and CEO Helen Liu, has announced the suspension of its operations. A report from Maimai stated that hundreds of employees were laid off on the spot. The platform has been operating in the United States since March 2026 and holds a well-regulated US license. Its aim was to combine deposit, profit-making, trading, and consumption functions, as well as to connect fiat currency with cryptocurrencies.
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