Three-day limit for 5 cryptocurrency exchanges; There is a possibility of extension

As of 16:00 today, banking access and offline withdrawal of five cryptocurrency exchanges have been limited; According to the published report, the action continues for three days and the possibility of its extension is also discussed.

As of 16:00 today, banking access and offline withdrawal of five cryptocurrency exchanges have been limited; According to the published report, the action continues for three days and the possibility of its extension is also discussed.

Sefir Arjan-Economic Group: As of 16:00 today, Monday, October 20, the access of 5 cryptocurrency exchange platforms to banking services and offline withdrawals has been limited, and users of these platforms will not be able to deposit and withdraw money.

According to the received information, 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.

Nobitex, Remzinx, Bitpin, Erzinja and Tetherland exchanges are the 5 platforms for which the restriction is implemented.

The instruction to grant foreign currency facilities of 60 million dollars from the sources of banks for the import of basic goods with the aim of strengthening food security and continuing to provide essential items until the end of the year was announced.

By implementing a new mechanism, the Central Bank has made the transfer of large sums by the trustees conditional on the approval of the initial performance; The decision was taken with the aim of controlling currency violations and preventing disruptions in the supply of imported currency.

Hemmati said in the meeting of the country's virtual space media headquarters: "The dollar rate will decrease again."