Discuss BluFX vs. USA. Can someone tell me what is going on?

[Detroit_Slice]

Hello Everyone.
Got this email today from Blufx. Can someone tell me what is going on?

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Hi Traders, We have had some unfortunate news from across the pond. Due to new local regulations in the United States, we are no longer able to supply US clients with funded accounts. This means that all US client accounts will be closed today 21st November 2022. If you are eligible for withdrawal you will get your payout by the end of the week. You are also eligible for a partial refund on your subscription. This comes as a big blow to the team here at BluFX as we had a great relationship with our US traders and the US was a big part of our expansion plans. It has been a pleasure serving you over the many years and helping change the lives of many US traders. We wish you well on your trading journey and hope you discover a sustainable source of funding to further your trading goals. All the best. BluFX Team

 

[FxMaster]

Hello Everyone.
Got this email today from Blufx. Can someone tell me what is going on?

View in browser​ ​ ​ ​ ​ ​

​ ​ ​ ​ Hi Traders, We have had some unfortunate news from across the pond. Due to new local regulations in the United States, we are no longer able to supply US clients with funded accounts. This means that all US client accounts will be closed today 21st November 2022. If you are eligible for withdrawal you will get your payout by the end of the week. You are also eligible for a partial refund on your subscription. This comes as a big blow to the team here at BluFX as we had a great relationship with our US traders and the US was a big part of our expansion plans. It has been a pleasure serving you over the many years and helping change the lives of many US traders. We wish you well on your trading journey and hope you discover a sustainable source of funding to further your trading goals. All the best. BluFX Team

It means they are no longer accepting US traders (Because of US trading laws).