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THORSwap Resumes Trading Operations

ByLouis Adams

Oct 16, 2023
Reading time: < 1 minute

The THORSwap team has announced the resumption of trading operations on their decentralized exchange (DEX) and have implemented updated documentation to prevent illegal transactions.

According to the team, they have collaborated with a leading industry player to implement additional measures to prevent the entry of illicit funds into the platform.

The updated Terms of Service now include measures to combat illegal transactions and comply with regulations related to restricting users from countries under US sanctions.

The team has also mentioned that there may be some adjustments made in the near future, and they request users to report any issues on Discord.

THORSwap’s governance token, THOR, has seen a 9.6% increase in the past 24 hours, according to CoinGecko. As of now, the token is trading at $0.16.