Uphold, a New York-headquartered cryptocurrency exchange and stock trading platform, has announced today that it will stop serving customers registered in Venezuela.
We´re very sorry to tell you that Uphold has decided to withdraw from Venezuela owing to the increasing complexity of complying with U.S. sanctions. Venezuela was one of the first countries to embrace Uphold and we love serving our customers there. We are taking this step very reluctantly.However, the company also stated that it hopes to return to Venezuelan markets as soon as the conditions allow it.
on social media platforms about their accounts being in a “routine revision” state. It is unclear if this is a measure applied to all Venezuelans on the platform or just to some due to unannounced details.Other services and wallets have also targeted Venezuelans due to sanctions.
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