Reason for this visit

The United States is one of the largest cryptocurrency markets globally, with major digital assets such as Bitcoin and Ethereum gaining wide popularity, attracting a large number of investors and innovators. The US has a broad base of retail and institutional investors, including individual investors, hedge funds, family offices, and more. In terms of regulation, the SEC has been closely monitoring digital assets, with its regulatory stance on digital assets fluctuating at different times but overall emphasizing the protection of investor interests. The CFTC is primarily responsible for regulating the futures and derivatives markets of digital assets and has approved products such as Bitcoin futures. Financial regulatory agencies in various states in the US are also taking measures, with some encouraging digital asset innovation and others adopting a cautious regulatory attitude. In the future, as institutional investor interest in digital assets grows, it is expected that an increasing number of institutional products and services will enter the market, thereby driving market growth. To help investors gain a more comprehensive understanding of cryptocurrency exchanges in the United States, WikiBit survey team decides to go to the country for on-site visits to local companies.

On-site visit

In this issue, the survey team went to the US to visit cryptocurrency exchange DELHI as planned according to its regulatory address that 3091 S Jamaica Ct Ste 150 Aurora Colorado.

The investigators came to 3091 S Jamaica Court in Aurora of Colorado in the US for a visit to the exchange‘s office on October 24, 2023, and located “Dartmouth Point”, a residential apartment building characterized by a façade comprised by red bricks and glass. There was an outdoor advertising board in front of the building, which didn’t display any information regarding “DELHI”.

Upon arrival at the building for further investigation, the survey personnel didnt spot a directory in the lobby. In the meantime, the team discovered that Suite 150 was occupied by “Iglesia La RED / Escuela de Vida” after searching on the ground floor, and there was no sign of the office of “DELHI”.

Through the on-site investigation, it is confirmed that DELHI doesnt have a presence at the location.

Conclusion

The survey team went to the US to visit cryptocurrency exchange DELHI, but didnt find the company at its regulatory address. This suggests that the company might just register at the place without a physical business office. Therefore, investors should be meticulous in choosing the exchange.

Disclaimer

The content is for informational purpose only, and shall not be taken as a final order for making a choice.