​Magic Trading: Internal Updates At the end of 2021, the int | Magic Trading Official

​Magic Trading: Internal Updates

At the end of 2021, the international investment platform Magic Trading faced a series of force majeure difficulties, which had a negative impact on the performance of the created ecosystem and the implementation of agreed obligations. It should be recalled that in the fourth quarter of last year, due to the stifling of cryptocurrency development, there were mass mandated blockades of financial institutions by regulators. Unfortunately, the governing apparatus of certain regions is not ready to introduce modern technology into their entrenched system, suppressing modern and promising financial opportunities for the public. We are witnessing a global divide of opinion: progressive states are introducing blockchain into the domestic system, lobbying for specific tax reforms and investing budget funds in cryptocurrency, while others are vetoing any manifestation of the technology, rapidly stifling the development of the regions under their control. Magic Trading executives are adamant that a unified and transparent mechanism to regulate the cryptocurrency segment is only a matter of time.
International platform Magic Trading is no longer able to withstand the obstacles created, including abusive blocking of ecosystem platforms (including the blocking of 23.02.2022), and from now on it stops accepting new investments. In addition, the company is being auctioned off, giving institutions the opportunity to apply the development in the regulated region. We thank all partners for their trust and apologise for the inconvenience. We are sure that we will soon be able to resume our usual mode of work and reach a completely new level of partnership.