Pakistan’s Urdubit Exchange Shuts Down After Crypto Ban

Urdubit, a leading Pakistani bitcoin exchange, has closed down permanently. The news came after the central bank of Pakistan announced a ban on dealings with cryptocurrencies. The trading platform urged customers to withdraw their funds “as fast as possible”. Its team confirmed on social media its operations had been suspended due to the prohibition of crypto transactions. Other exchanges have followed suit.   

Also read: Pakistan’s Central Bank Prohibits Crypto Dealings with a

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