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	<title>closure of operations &#8211; Bitfinance</title>
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	<description>Fintech &#38; new economy info</description>
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	<title>closure of operations &#8211; Bitfinance</title>
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		<title>Wallbit Pay closes operations in Venezuela</title>
		<link>https://bitfinance.news/en/wallbit-pay-closes-operations-in-venezuela/</link>
		
		<dc:creator><![CDATA[Marilin Pino]]></dc:creator>
		<pubDate>Mon, 27 Feb 2023 19:00:40 +0000</pubDate>
				<category><![CDATA[Cryptocurrencies]]></category>
		<category><![CDATA[Featured]]></category>
		<category><![CDATA[closure of operations]]></category>
		<category><![CDATA[US sanctions]]></category>
		<category><![CDATA[users]]></category>
		<category><![CDATA[Venezuela]]></category>
		<category><![CDATA[Wallbit Pay]]></category>
		<category><![CDATA[withdrawal of funds]]></category>
		<guid isPermaLink="false">https://bitfinance.news/?p=91568</guid>

					<description><![CDATA[<div style="margin-bottom:20px;"><img width="1200" height="798" src="https://bitfinance.news/wp-content/uploads/2023/02/traxer-kM6QNrgo0YE-unsplash.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Wallbit Pay cierra operaciones en Venezuela" decoding="async" fetchpriority="high" srcset="https://bitfinance.news/wp-content/uploads/2023/02/traxer-kM6QNrgo0YE-unsplash.jpg 1200w, https://bitfinance.news/wp-content/uploads/2023/02/traxer-kM6QNrgo0YE-unsplash-300x200.jpg 300w, https://bitfinance.news/wp-content/uploads/2023/02/traxer-kM6QNrgo0YE-unsplash-1024x681.jpg 1024w, https://bitfinance.news/wp-content/uploads/2023/02/traxer-kM6QNrgo0YE-unsplash-768x511.jpg 768w" sizes="(max-width: 1200px) 100vw, 1200px" /></div><p>Clients of the Wallbit Pay crypto platform in Venezuela must withdraw their funds due to the closure of operations in the country as a result of the United States sanctions. From the platform, which allows transactions in fiat money and cryptocurrencies, they indicated that clients residing in Venezuela will be able to withdraw their funds [&#8230;]</p>
<p>La entrada <a rel="nofollow" href="https://bitfinance.news/en/wallbit-pay-closes-operations-in-venezuela/">Wallbit Pay closes operations in Venezuela</a> apareció primero en <a rel="nofollow" href="https://bitfinance.news">Bitfinance</a>.</p>
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										<content:encoded><![CDATA[<div style="margin-bottom:20px;"><img width="1200" height="798" src="https://bitfinance.news/wp-content/uploads/2023/02/traxer-kM6QNrgo0YE-unsplash.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Wallbit Pay cierra operaciones en Venezuela" decoding="async" srcset="https://bitfinance.news/wp-content/uploads/2023/02/traxer-kM6QNrgo0YE-unsplash.jpg 1200w, https://bitfinance.news/wp-content/uploads/2023/02/traxer-kM6QNrgo0YE-unsplash-300x200.jpg 300w, https://bitfinance.news/wp-content/uploads/2023/02/traxer-kM6QNrgo0YE-unsplash-1024x681.jpg 1024w, https://bitfinance.news/wp-content/uploads/2023/02/traxer-kM6QNrgo0YE-unsplash-768x511.jpg 768w" sizes="(max-width: 1200px) 100vw, 1200px" /></div><p style="text-align: justify;">Clients of the <strong>Wallbit Pay crypto platform</strong> in <strong>Venezuela</strong> must <strong>withdraw their funds</strong> due to the<strong> closure of operations</strong> in the country as a result of the United States sanctions.</p>
<p style="text-align: justify;">From the platform, which allows <strong>transactions in fiat money and cryptocurrencies</strong>, they indicated that clients residing in Venezuela will be able to <strong>withdraw their funds</strong> and will receive <strong>compensation for transfer commissions.</strong></p>
<p style="text-align: justify;"><strong>Venezuelan clients who reside abroad will be able to continue enjoying the services of Wallbit Pay.</strong> However, if the user opened the account in Venezuela and then left the country to reside in another destination, they should contact the Technical Support department in order to find out details about such a case.</p>
<p style="text-align: justify;">Through its account on the social network Twitter, <a href="https://twitter.com/WallbitPay" target="_blank" rel="noopener">Wallbit Pay</a> issued the corresponding statement to inform customers in Venezuela of the cessation of its operations at the indication of its banking partner in the United States.</p>
<p style="text-align: justify;">M.Pino</p>
<p style="text-align: justify;">Source: <a href="https://www.descifrado.com/2023/02/24/wallbit-pay-anuncio-que-cerrara-las-cuentas-bancarias-a-los-usuarios-residenciados-en-venezuela/" target="_blank" rel="noopener">Descifrado</a></p>
<p style="text-align: justify;"><em>(Reference image source: Traxer, Unsplash)</em></p>
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<p>La entrada <a rel="nofollow" href="https://bitfinance.news/en/wallbit-pay-closes-operations-in-venezuela/">Wallbit Pay closes operations in Venezuela</a> apareció primero en <a rel="nofollow" href="https://bitfinance.news">Bitfinance</a>.</p>
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