Binance Advises Iranian Crypto Traders to Withdraw Funds From its Exchange – Omar Faridi


Malta-based digital asset trading platform, Binance, has advised crypto traders in Iran to withdraw their funds from its exchange – as it is planning to comply with US-led international sanctions against the state. An email sent from Binance’s support team to an Iranian citizen advised: “If you have an account with Binance and fall into that [sanctions] category, please withdraw your assets from Binance as soon as possible.” Sepehr Mohamadi, the head of Iran’s Blockchain Association, said there have been many incoming emails in recent months that have requested local crypto traders to withdraw their funds from international digital currency exchanges………….

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