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Wyre limits withdrawals to 90% of funds held in customer accou | InvestmentTradingUpdates

Wyre limits withdrawals to 90% of funds held in customer accounts

Crypto
payment provider Wyre announced a change in rules that will limit customers to withdrawing no more than 90% of the funds currently held in each account. This new rule applies to all customers using its services and means.

Wyre said that by reducing the amount customers are able to withdraw, the firm will be better positioned to weather potential financial storms ahead. The company said the new withdrawal limit would "enable it to navigate the current market environment.".Wyre said its operations would continue. "Our operations continue and we will share information with the community as it is available," it noted.

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