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Wyre Limits Client Withdrawals to 90% so it Can ‘Navigate the Current Environment’

The crypto-focused payments provider Wyre has limited withdrawals for its clients to 90% of funds held in the account, citing a need to “navigate the current market environment.” "We are modifying our withdrawal policy....

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Wyre Limits Client Withdrawals to 90% so it Can ‘Navigate the Current Environment’
The crypto-focused payments provider Wyre has limited withdrawals for its clients to 90% of funds held in the account, citing a need to “navigate the current market environment.”
"We are modifying our withdrawal policy. While customers will continue to be able to withdraw their funds, at this time, we are limiting withdrawals to no more than 90% of the funds currently in each customer account, subject to current daily limits," Wyre said in a statement posted on Twitter this weekend....
Read More: Wyre Limits Client Withdrawals to 90% so it Can ‘Navigate the Current Environment’

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