Banking Restrictions on Five Crypto Exchanges Take Effect Today; Deposits and Withdrawals Halted

From 4 PM on Monday, 20 Mehr, access by five crypto exchange platforms to banking services and non-in-person withdrawals will be restricted. According to the published report, users of these platforms will not be able to deposit or withdraw funds, a restriction that will currently last three days.

5 cryptocurrency platforms are not able to use banking services for depositing and withdrawing money from today.

According to Ambassador Arjan, from 16:00 today, Monday, October 20, access to 5 cryptocurrency exchange platforms will be limited to banking services and offline withdrawals, and users of these platforms will not be able to deposit and withdraw money.

According to the information received by our reporter, the decision for this action was taken in a committee at the National Center of Cyberspace and the Central Bank has sent a letter to the banks and announced its implementation.

Before this, the news of the disruption of several cryptocurrency exchanges in the currency market and the decision of the Central Bank to unilaterally block the bank accounts of these exchanges was published.

However, the cryptocurrency exchange Nobitex has said that this restriction is applied due to the insistence of these exchanges on protecting the privacy of users and refraining from providing their information.

This limit will be three days, however, there is a possibility of its extension.