[Official Announcement]. Subject: Temporary Geo-block for US Citizens Trading $CREDI on KuCoin. Dear $CREDI Community,.

22 Jun 2023, 06:24

[Official Announcement] Subject: Temporary Geo-block for US Citizens Trading $CREDI on KuCoin Dear $CREDI Community, We would like to address a recent development affecting our valued community members in the United States. We have been notified that there is currently a geoblock in place, preventing US citizens from trading $CREDI tokens on KuCoin Centralized Exchange (CEX). First and foremost, we wish to assure you that this geoblock is not a result of any compliance issues with $CREDI nor is it initiated by KuCoin themselves. We understand the importance of transparent communication, and we would like to provide a clear explanation regarding this development. The temporary geoblock has been implemented by our market maker, GSR, which is recognized as one of the top 10 market makers globally. This proactive measure has been taken as a response to the recent developments and changing landscape of regulatory requirements in the United States. GSR, being an entity that has a reputation for rigorous compliance standards, has put this geoblock in place as a precautionary step to ensure adherence to any potential regulatory changes. We want to emphasize that this action is temporary. We are actively engaging in discussions with GSR. Our priority is to resolve this issue in a timely and compliant manner, ensuring that our community members can continue their trading activities without disruptions. We deeply appreciate the support and understanding of our community. Our commitment to providing a secure and compliant trading environment remains unwavering. We will keep you updated on the progress and notify you once the geoblock is lifted. In the meantime you can trade actively on Apeswap. For any further inquiries or concerns, please do not hesitate to reach out to our support team. Thank you for your continued support and trust in $CREDI. Warm regards, Team Credefi