Removing the banking restrictions of three cryptocurrency exchanges; Nobitex and Bitpin are back

After announcing the elimination of violations and making the desired reforms, the Central Bank canceled the access restrictions of three cryptocurrency exchanges, Nobitex, Bitpin, and Arzinja, to banking services. However, the banking restrictions of Ramsinks and Tetherland platforms are still in place, and users of these exchanges should monitor the status of their services.

Three cryptocurrency exchanges, Nobitex, Bitpin, and Arzinja, have regained access to banking services after resolving the announced violations, but the other two exchanges are still subject to restrictions.

According to Ambassador Arjan, the Central Bank canceled the restrictions imposed on the three cryptocurrency exchanges "Nobitex", "Bitpin" and "Erzinja" after making the desired reforms and removing the announced violations.

It was announced yesterday that from 16:00 on Monday, October 20, the access of five cryptocurrency exchanges to banking services and offline withdrawals was limited for three days.

A decision that took away the possibility of depositing and withdrawing riyals through banking services from the users of these platforms.

According to the circular of the central bank, the deadline set for the said companies is calculated from the date of receipt of the circular, and the cancellation of the restriction does not include the other two exchanges, Ramsinks and Tetherland.